Installing Peace and Equalizer APO
The first step is to download Peace and Equalizer APO. So head over to the following links and download those files.
First, start with installing Equalizer APO by running the downloaded executable and just follow the steps.
The only configuration part is where you select the sound device which you want it to use. Normally it will already find the default sound device on your system. If not, you can just select it:

Secondly, run the PeaceSetup.exe which will start up the Setup Tool for Peace. It will detect if Equalizer APO is installed and will install Peace in the same location.

Remember, Peace needs to be installed in this specific folder to correctly work with Equalizer APO!

Great! You’ve just installed one of the best pieces of equalizing software available on the Windows platform. Piece of cake right!?
Let’s Add some Bass
Instead of adjusting the levels for every frequency, where just going to add a low shelf filter and define the amount of gain (dB).
A Low Shelf Filter will simply lower or boost the frequencies below the defined cut-off point. For example. If you define a Low Shelf Filter at 120Hz and add 3dB, all the frequencies below that 120Hz will be boosted with 3dB.
Step 1: Start Peace. Notice that none of the frequencies have been altered.

Step 2: We’re gonna set the frequency that we want to use as the cut-off point. This will be 120Hz. So change the value to 120.

Step 3: Then we select the Low Shelf Filter.

Step 4: So now we’ve set a Low Shelf Filter at a cut-off point of 120Hz. Now we’re ready to add some gain to it. This does not have to be that much, so we’re just adding an extra 3dB to all the frequencies below our cut-off point. Simply change the value to 3.

Awesome! We’re almost there…
Because we increased the gain with 3dB, we run into the chance that our music will start to clip. Thankfully Equalizer APO has a limiter to make sure your music will not clip. It will however, lower the volume when clipping would occur. To make sure this won’t happen either, we have to avoid any clipping!
Clipping happens when the music exceeds 0dB. Anything above 0dB will cause distortion of the sound. Unless you’re mastering music, this is something you should always avoid.
Step 5: Under Pre Amplifying change the value to -3. Remember, we are countering the +3dB from step 4.

Step 6:We still have to enable the Pre Amplifying by going to the Graph Windows. Click on the icon as shown below.

You can see that we’re still above 0dB, which would cause clipping or in our case sudden drops in volume.

Simply tick the box at Add pre amplifying and our graph resets nicely on the 0dB, just like we want.

Step 7: To keep your config easily readable, we’re also gonna disable the other frequencies so you can easily see what you’ve changed. Simply right-click on all the unused frequencies as shown below, so they’re in the OFF position.

Step 8: Save your configuration.
source:inspiringheadphones.com