
Distortion Effects
Saturators
Saturators will fold the audio waveform once it crosses a certain amplitude threshold. In a sense, they function like light, non-linear compressors with distortion bundled in. It'll round off the input signal and redistribute the energy throughout the signal, generating additional harmonics.
These will add warmth to your sound.
Be careful not to over-do saturators, as it's very easy to get carried away with them and balls everything up. They'll also damage your audio signal if you drive them too much (Yo dawg, this saturator be turnin' ma sines into squares)
Common uses
Drums, Basses
Plugin Saturators
Ferric TDS (Tape Saturation) [Free]
FabFilter Saturn
*Saturators are common, and your DAW will likely have one.
*Saturators and waveshapers are very closely related
*Some saturators have a soft-clip option
Bit Crushers
A bit crusher is an effect used to intentionally reduce the quality of the audio signal. They create a metallic and often ugly sound. It typically has two functions: Sample Rate Reduction and Resolution reduction.
Sample rate reduction (or Downsampling) will reduce the sample rate of the audio signal and essentially degrade its audio quality. As the signal continues to be downsampled, the waveforms become more and more coarse until the frequencies are lost.
Resolution reduction will reduce the number of bits used (bit depth can be used to describe how accurately a sound is recorded - or how much space is used to determine volume). As the resolution is reduced, the waveforms will become more harsh and lose their volume variation. If it's overdone, your sound will become clicks and will have the potential to cause damage to your speakers.
Common Uses
Emulating old equipment, retro electronic music, sometimes lightly found in more aggressive electronic music like dubstep and electro house
Plugin Bitcrushers
Camelphat/Camelcrusher
iZotope Trash
*Many synths will have built-in bitcrushers as an optional effect. (Massive, Sylenth)
*Bitcrushers have a tendency to add extreme harshness to your high end. Always be sure to check this with spectrums and solo EQ bands
*Bitcrushers are typically so simple that they aren't sold as individual units, and are found as an option within larger distortion suites.
*Bit Crushers are common, and your DAW will likely have one.
Hardclippers
All these guys do is chop the bottoms and tops off your wave form (the settings will determine how much). The result is brutally harsh digital distortion
Common uses
Aggressive electronic music. Very common in the 'Tok' of layered hardstyle kicks.
Plugin Hardclippers
G-Clip
iZotope Trash
*Many synths will have built-in hardclippers as an optional effect. (Massive, Sylenth)
Overdrive and Tube distortion
I've found very little information on what overdrive actually does, especially when it comes to the software-based variety. They're traditionally used as a guitar FX pedal - which would provide a gain boost to overdrive a tube amp into distortion. My guess is that overdrive plugins simply emulate this effect.
Common Uses
Guitars, basses, drums, aggressive electronic music
Plugin Overdrives and Tubes
iZotope Trash
Guitar Rig
Filtering Effects
Filters
Filters come in a variety of flavours, and some of them even add pleasant harmonics to your sound. The most common curve used in filters are highpass and lowpass, which will either muffle the sound (lowpass) or remove and amount of the low end (highpass). Filters often have an envelope option, which will momentarily allow an amount of the cut sound through. This is how you get those plucky sounds prevalent in House music.
More advanced types of filters include bandpassing, notching, and combing. Bandpasses will allow a band of frequency through, while cutting an amount of high and low. Notches are the opposite: allowing everything through except a determined range. Comb filters adds a delayed version of the signal to itself, causing interference (combs are rarely used)
Common uses
Adding tension, subtly adding instruments, sound design, wubs, formant basses, mixing
Plugin Fliters
FabFilter Simion
Fabfilter Volcano
Karma Filter
*Most synthesizers will have built-in filters, allowing for more complex modulation
Equalizers
[Zero-latency] Equalizers are like a collection of filters, and are the most important tool within EDM. Proper use of equalizers is the difference between a muddy pile of crap and a speaker-shaking club powerhouse. An equalizer functions by allowing the user to cut and boost frequencies along the frequency spectrum by a degree of decibels.
There's numerous charts and guides to what frequencies you should be mindful of in relation to which instrument you're EQing around the web, so check those out.
Common Uses
Mixing, crazy automated filtering effects
Plugin EQs
Waves Q-10 Equalizer
FabFilter Pro-Q
*Always cut before boosting!
*EQ EVERYTHING!
*If you use Ableton 8 or lower, it's essential that you get yourself a plugin EQ.
Linear-Phase Equalizers
Linear phase Equalizers are best suited for mastering. Unlike regular Equalizers (which are nonlinear), these delay the incoming and affected signals at the same time, so the phase shifting (or smearing) is directly proportional to the change in frequency. This allows for theoretically infinite cuts and boosts, and is nearly completely transparent. The cost, however, is massive delay - making them unsuitable for individual tracks and busses.
Another problem with Linear phase EQing is pre-echo (or pre-ringing). It adds subtle, yet unwanted distortion/artefacts to the sound. I'm not quite sure why, but I believe it's just because of how the IIR-type filter functions. Regular EQs also have this problem, but it gets masked.
Common Uses
Mastering
Plugin Linear Phase EQs
Voxengo linear-phase Spline Equalizer
Waves Linear-Phase
*Linear phase equalizers are massively over-hyped by the companies that sell them.
*You're probably not going to need one unless you're a mastering engineer