The Effects Panel is the last panel on the right side of the Windows/Mac user interface. If you cannot see the effects panel, please click on the “expand window” button:
The Effects Panel allows you to turn off effects, select random effects, select color
effects, or select effects from a saved list.
To toggle the on/off status of an effect (for use in Autoplay shuffle, for example),
double-click on the effect to deselect (grey out) or select it.
You can also assign a hotkey on a keyboard or midi to toggle an affect. To assign a
hotkey, right-click on the desired effect and select “Assign Hotkey” in the pop-up window.
Type the key you wish to assign to the effect.
Check the video below: