Select a clip in the timeline, open the Color panel, and click a preset.

Adjust the intensity of the preset by using the Intensity slider, at the bottom of the Presets tab.

To further edit the color properties, double-click the preset or click the Edit tab. Adjust the different color controls to achieve the effect you want.

Basic:

• Exposure: Adjust the exposure of the clip.
• Contrast: Adjust the contrast of the clip.
• Highlights: Adjust the brightness of the light areas in the clip.
• Shadows: Adjust the darkness of the darker areas in the clip.
• Temperature: Fine-tune the white balance by moving the slider to the left to make the video appear cooler, and to the right for warmer colors.
• Tint: Fine-tune the white balance by moving the slider to the left to add a green tint, and move it to the right to add a magenta tint.
• Vibrance: Adjust the intensity of the more muted colors in the clip with less effect on the higher-saturated colors.
• Saturation: Adjust the saturation of all colors in the clip equally from 0 (monochrome) to 200 (double the saturation).

Advanced: 

• Faded Film: Apply a faded film effect to the clip.
• Sharpening: Adjust edge definition to create a sharper-looking video.
• Vignette - Amount: Set the amount of lightening or darkening along the edges of an image.
• Vignette - Feather: Define the edge of the vignette. A smaller value creates a harder, sharper edge, whereas, a larger value indicates a softer, thicker edge.

To apply the color changes to all the clips in your video,  click the Apply to All  button.