Yes! You can create your own effects presets. Here is how:

  1. Select a clip and make all of the desired settings changes until the clip has your desired Look.
  2. In the Preset section in the lower-right corner, click the gear icon. This will open the Manage Presets window.
  3. Click the + sign in the lower-left corner of the Manage Presets window.
  4. Give the Preset a Name and then click OK.

Your custom preset has now been added to the rest of the default presets.