. . . . Is it ipossible to use a audio file from guitar and apply effects in the program . . . .
You can apply a variety of effects to audio files - please read the installed PDF manual available under Help and watch this tutorial it refers to a previous version however the principles are the same..
. . . . or must it be a midi file? . . . .
No it does not need to be MIDI - and you cannot convert an audio file to MIDI.
They are two different types of files
- audio eg mp3 is an digitised 'analog' format
- MIDI is a digital format which contains instructions for how a MIDI synthesizer, whether hardware or software should play the sound.