Presets are just EQ curves that shape tone, so yes, a preset developed for a type of instrument can indeed sound great for something entirely different.
Although I don't use backing tracks, I understand what you are struggling with. Compression could be used to even out the audio level between tracks but not without impacting the dynamic range, especially for tracks that are substantially louder than the "normal" tracks.
I recall reading many discussions in these forums between members struggling with the same issue. In an ideal world the offending tracks should be normalized with software. The discussions I'm referring to were likely from five or more years ago as I've been mostly absent from these forums for a few years. I'm hoping that someone who has experience with tracks will join this conversation.
I did a quick internet search for mp3 track normalizer This tutorial for a program called MP3Gain (Windows version but there is a link for a Mac option on that page). The following is an interesting discussion on backing-tracks-for-solo-performing from our community members in 2010. I'm providing these links for you so you may find what will work for you; as I don't use backing tracks, I don't have any first hand experience with normalizing tracks per say, just with normalizing personal recordings.
My world is rarely an "ideal world" so sometimes the best solution is not the "best" solution. You as the performer gets to decide what works for you. Technically, at least in theory and on paper, software levelling would be "better than compression", yet compression could work very well for you and is may be an easier option so you could give it a go and hear how it sounds for you...
I hope this helps a bit, I can have a look at T1 compression settings later this evening if you need me to...