Wavelab 4, sounds like you need to seriously update that. I don't use Wavelab however, I tried to find something but could not find anything to help your dilemma.

Newer versions appear to have a bundle of plug-ins. You may have to look for third party stuff.

http://www.steinberg.net/en/products/wavelab/line_up/wavelab_elements.html

Yeah, basically I'm just trying to find out what will work with it.. I don't want to buy something & it not be compatible. Maybe a free one I can try & see if it works?

You could try Limiter 6 by VladG sound...its free
https://vladgsound.wordpress.com/plugins/limiter6/

You can download it here
https://vladgsound.wordpress.com/downloads/

Great, thanks Sean, I will definitely try that tomorrow. Hopefully Wavelab 4 can handle it..

How old Is Wavelab 4 ? And is your version a 32 or 64 bit platform?
Newer 64 bit plugs may not work on your version. I'm not saying they won't for sure, I'm saying that they may not.
In any case, it might be time to upgrade your version of WL.
There are many limiter VSTs that you can DL and use for free for a specified trial period, usually for anywhere between 10 and 14 days. Slate, Waves, IK Multimedia and Softube all offer fully functioning trials for all their plug processors.
Some require an iLok, others require that you load their software "shells" to run their processors, while some require neither and have built- in expiration bypasses coded into the software.

Sean G, post: 441407, member: 49362 wrote: You could try Limiter 6 by VladG sound...its free
https://vladgsound.wordpress.com/plugins/limiter6/

You can download it here
https://vladgsound.wordpress.com/downloads/

This is working great, thanks for the link...

Falldown, post: 441438, member: 50002 wrote: This is working great, thanks for the link...

My pleasure...glad I could help and I'm glad its working well for you. (y)