I don't agree with you about having a software that "fixes" those clips from happening.

The clips typically appear because of dynamics, build of up frequencies at that point, and volume due to the lack of compensation of the previous two points.

I also don't agree with side chaining, because that doesn't do any thing to actually control any of the three points above.

If you're using groups and you do get the things sitting right, i would consider adjusting your group volume, because  you get to maintain the ratios of your individual tracks but instead lowering the overall volume of that entire group. IE drums, bass (not sub i leave that to go into my master/premaster), leads, sound effects and fills.

If you're still having trouble, apply some group compression. I haven't experience RMS compression, because that particular component in reason's mixer isn't as versatile as i'd like. so i end up using a peak compressor.

But use the compressor as a compressor, i wouldn't recommend messing with the outbound volume, or input volume.

If that's not working, reconsider WHAT you're eqing and adjust group or individual volumes in the group channels (if you have them).

That's generally my work flow when it comes to identifying peaks, but i tend to get them early on and nip it in the bud.

I also tend to start lower in volume and then move up, rather than start at higher level. There's less room to go up, and you have less reference points to consider as well.

ps, i don't side chain any thing. I love how the layers work together to get things nice and fat. #teamwork

Are you asking whether or not there are plugins which identify the specific frequencies which are triggering the limiter?
If so, I'm sure there are many multiband compressors/limiters that do this. An obvious one that comes to mind is the Waves L3-16.

I don't believe I've ever seen a tool which identifies exactly which parts of the track are clipping without first rendering or playing back the track, but I would love to be corrected.

Get all instruments sitting at a level that seems to fit.

I'm not sure if you speak about recording of live instruments or recording of synth layers, but either way, the mistake is right there.

Your input levels to any recording aren't about what seems to "fit", but about how loud you expect the signal to get. So, if you don't know for sure, set it crazy low. Like with 20 or 30db headroom. Magic of 24-bit or 32-bit recording is, that there's so much dynamic range you won't get any qualitty loss when gaining the signal afterwards in your DAW. ...which is also the point where you can take care about any overly-resonant frequencies that might have caused your clipping otherwise.

So in short: Record quietly, but once. Then gain it and fix whatefer you need in your DAW.

Hey, Marrow Machines, sorry it appears that there is a misunderstanding somewhere.

I'm not looking for the software to actually do the correction for me, just to do the detection of where it is occurring and what frequencies are causing all in one pass, since bouncing back and forth seems to be an inefficient workflow.

I would hope so, but i thought about it during a car ride and it would be really helpful for a software to do that.

Hopefully i've underlined some mixing procedures that will help during your mastering.