Yeah it’s easy, you read the chord symbols in for that MIDI track, and a chord track will be created at the top with those chords. (Project Menu > Chord Track > Create Chord Symbols)
You then set the MIDI track to ‘follow’ chord track (Using the left sidebar under ‘chord track’), and pick the follow mode ‘chord’ mode or ‘chord and scales’ - see what works, there’s lots of options.
You can then change the chords using chord track at the top of the screen, you can add new ones, delete them etc… For example:- A Lot of people play the rhythmic pattern/grove they want by playing nothing but a C Major and then use Chord Track to convert into chord progressions.
From that you can keep adding MIDI tracks and set them to follow chord track, and for Bass parts you can select single voice follow mode etc.
Note: As you’re not using the Chord Track to generate MIDI data then you can ‘mute’ the Chord Track to prevent it playing additional chords into monitor enabled tracks.