or if u solo it with a clean master track at 0, what does the master track show?

In 32bit floating point, you can clip tracks without actually hearing any clipping or artifacts.
 
CJ

I have the same problem in X3, and also had it in X2, and possibly X1 (I can't recall for sure). The meter in simple instrument tracks is very flaky. When it shows that I'm clipping, I reduce the volume slightly, and it still surges into the red. Then I keep reducing the volume little by little, until the red goes away. At that point the volume is very low and nowhere near clipping. I've stopped relying on the meters, and use my ears instead.

Mleghorn I do exactly the same thing cause it happens to me as well on synth tracks ,since sonar 7 pro audio.I think something wrong is happening to the meters in synth tracks.
It would be nice to be looked at, now that  it was mentioned here.
Peace

So what happens if you use split midi/audio tracks?