Life is Strange: True Colors - HDR Optimized Settings (Patreon)

The game is NOT using/applying Xbox/Playstation HDR Calibration app settings.

The game has an average HDR implementation with no Peak HDR Luminance control.

For this reason it is suggested to use Dynamic Tone Mapping in order to offset potential highlights clipping and lost detail in bright areas.

You could still change regular Brightness and Contrast (which are inter-dependent). Set it like the picture below to further improve PQ on all TVs: