Is there a way of selecting MULTIPLE clips on the timeline and applying an effect i have saved to a bin to the top and tail of each clip. Its a dip to colour (which Ive modified to look liek a camera flash, so it goes on the front and end of a clip, not the clip body its self.
If you create a bin called 'Quick Transitions' and put your custom transition in there, it will show as an option in the Quick Transition dialogue box. You can the apply that to all transitions within in/out points on the timeline. Handy if you have consecutive shots to apply the transition to, not so much if they are spread throughout the timeline.
With transitions the bin has to be named 'Quick Transitions' (case sensitive) in order to show in the dialogue box. With effects it's more straight forward as Glenn explained and the effect can be saved in any bin, its name is irrelevant.