X-Fi6 wrote:they need to be lowered so the track can be amplified without the peaks clipping
The way that the hard limiter works is that it clips the peaks, though it can be set to do so more gently than hacking off the peaks flat. The harmonic distortion is of an identical kind to clipping the peaks, but not as much.
The hard limiter splits the sound into three components - the upper peaks (the bits above the threshold), the negative peaks (same, but negative going), and the middle bit.
If you set the "residual level" to zero, then what you get is just the middle bit. This is identical to clipping the peaks.
Here is a close-up of a sine wave that has had the hard limiter applied with settings of -6, 1, 0

- hard limiter producing peak clipping
- firsttrack000.png (8.74 KiB) Viewed 1714 times
The "Residual" part, is the other two parts. We can isolate these two parts by setting the Wet level to zero and the residual level to 1

- residual peaks
- firsttrack001.png (8.83 KiB) Viewed 1714 times
Adjusting the "Wet" level scales the amount of clipped audio (the middle section). When set to 0, it is scaled down to silence, when at 1 it is at the original volume (first image) and when at 0.5 it is scaled (amplified) to half volume.
Adjusting the "residual" level scales the "peak" component in the same way.
Usually you would want to keep the Wet level at 100% and then add in a proportion of the "residual" components to "soften" the clipping effect.
Setting the residual level to about 0.3 is usually a good compromise, and produces a result like this:

- soft clipping
- firsttrack002.png (8.96 KiB) Viewed 1714 times
If you look at the spectrum (Analyze menu > Plot Spectrum), you will notice that soft clipping produces the same odd harmonics as hard clipping, but at a lower level.
There are other types of limiters that produce lower distortion levels, but this type is simple and quick to use, and when used to just clip occasional peaks it is quite adequate. The distortion can in some situations be quite effective, for example, if used on a slightly dull recording of a cymbal or snare drum, it not only limits the peaks, but the distortion can add a bit of extra brightness to the initial hit. Odd harmonics are often described as less musical sounding than even harmonics, but in the case of percussive instruments such as these it is less important as the sound is essentially inharmonic.