Select And Operate using Transform User Preset 2
Selects events in the current region based on the preset criteria. The specified transformation is applied. Basically execute MIDI transformation number 2.
Depending on your needs, it may be worthwhile to create your own transform sets. These can be configured and saved as part of a project. (Doing this in your template projects makes your transform sets available in all projects.) Your transform sets are shown at the bottom of the Presets pop-up menu.