VR Settings for Unreal Engine 4/5

Applying these settings will take time during a restart!
Some of these features are not available on all versions
For PC VR:
Project Settings | Engine | Rendering | VR | Instanced Stereo: True
Project Settings | Engine | Rendering | VR | Round Robin Occlusion Queries: True 
Project Settings | Engine | Rendering | Forward Renderer | Forward Shading: True 
Project Settings | Engine | Rendering | Default Settings | Anti-Aliasing Method: MSAA 
Project Settings | Engine | Rendering | Default Settings | Ambient Occlusion Static Fraction: False 
Project Settings | Project | Description | Settings | Start in VR: True 
Project Settings | Engine | Rendering | Defaults Settings | Auto Exposure: False
Project Settings | Engine | Rendering | Mobile Shader Permutation Reduction | Support Combined Static and CSM Shadowning: False
Project Settings | Engine | Rendering | Misc Lighting | Allow Static Lighting: True
For Standalone VR (in addition to above):
Project Settings | Engine | Input | Mobile | Default Touch Interface: None
Project Settings | Target Hardware: Mobile and Scalable
Project Settings | Platforms | Android | APK Packaging: Configure and set settings needed
Project Settings | Platforms | Android | APK Packaging | Package game data inside .apk?: True (useful for testing)
Project Settings | Platforms | Android : Support Vulkan
Project Settings | Platforms | Android : DISABLE OpenGL ES3.2
Project Settings | Platforms | Android : Advanced APK Packaging/Package for Meta Quest Devices
Project Settings | Platforms | Android SDK: Verify that your SDK locations are set. 
Project Settings | Engine | Rendering | VR | Mobile HDR: False
Project Settings | Engine | Rendering | VR | Mobile Multi-View: True 
Project Settings | Engine | Rendering | VR | Mobile Multi-View Direct: True 
Project Settings | Engine | Rendering | VR | Monoscopic Far Field: True
Additionally, under Project Settings/Platforms/Android, check the following:
Under APK Packaging, select Configure Now/Accept SDK License (you may need to do this on the build workstation)
 
My UE4.27 Project Settings To Build Oculus / Meta Quest 2 Applications And Performance Settings
Installing the MetaXR plugin will present a feature to apply all of the settings above. You may then decide to disable the plugin if you no longer need it for the project and retain the applied settings.