Updated for Elements 14
In photography, one of the most useful lens filters you can own is a graduated neutral density filter. This filter is shaded in a gradient and can be rotated around the lens to accommodate exposure variances, usually in the sky that is brighter than the subject. The idea is that you can set your exposure on a certain point of your image, but there may be another part that is over exposed (like a bright sky, bright snow or sand, or a light source). You can rotate the graduated neutral density filter around the lens until you reach the overexposed area, and the filter knocks the exposure back a stop or two, graduating it back to your properly exposed area.
These Graduated Neutral Density Filter Photoshop Actions simulate a graduated neutral density filter, and includes 8 actions – one for each point of your image (top, top right, right, bottom right, bottom, bottom left. left, and top left). They blend the overexposed area back into the correctly exposed area, and as mentioned above, are incredibly useful on landscape photography or beach or snow photos.
This download includes a Photoshop action set that can be loaded into the Photoshop or Photoshop Elements Actions palette, and all the individual actions, thumbnails & .xml files that Photoshop Elements needs to put them into the Elements Effects palette.