If I'm understanding correctly, the challenge is that the audio is rendered from a multitrack MIDI file/project, so the net audio level is the sum of levels from different MIDI instruments.
If that's the case, there's no magic bullet to identify which event in which MIDI track is making the greatest contribution to a given peak.
I would (and often do) use some combination of the following approaches to put a lid on 'outlier' velocities:
- Solo and visually scan velocity levels in the PRV controller pane of individual tracks to find and lower outliers.
- Use HiVel.CAL to find the highest note velocity in a track.
- Use Process > Find/Change (or MIDI FX) to narrow the velocity range of overly dynamic performances.
- Use the Timbre Detection and Isolation function of Human Auditory Input Devices (a.k.a. 'ears') to identify which instrument is contributing the most to peaks, and adjust MIDI velocities (or use volume automation/compression/limiting) to lower the peak levels of that instrument.