http://flstudio.image-line.com/help/html/glossary_cutres.htmResonance effect originates from an artifact in the original cutoff filter used in old hardware synthesizers. It is narrow band of frequencies, near the cutoff level, where the sound is amplified. Today this artifact can be easily avoided, but it is still available though, because it can be used as a special effect. Changes in the cutoff level together with high resonance produces interesting phaser-like effect, which is one of the reasons for the popularity of the TB-303 synthesizer.
Filters are really cool if you automate them to move about - can make some interesting sounds![]()

There's a name for it too: wah![]()