preset glitch

[obeez5FA8]

I added a preset to premiere pro but somethings wrong as you can see in the pic. Please help me find out what the problem is. 

[Steve Griffiths · Accepted solution]

Do you mean the red x across the screen?

When you use an effect or preset and the licence (or demo period) has expired this red X is often what will appear when you use the effect.

If this is the case you will need to purchase or licence the effect from whoever makes it to get rid of the red X watermark.