This is my game with these exact settings on a ryzen 5 5600x and an RX 7600 1920-1080 16:9 Vsync off DX12 (depends on your GPU) A-A & Super Resolution- TAA 3D resolution- 100% (For older graphics cards it’s better to go with TSR low and have your 3D resolution set to either 50% or 75%, this solely depends on how grainy your game is, if it’s still too grainy try 100% on TSR Low) Dynamic 3D resolution- OFF Nanite virtualized Geometry- OFF Global Illumination- OFF Reflections- OFF View distance- epic or high, if game runs choppy try medium. Textures- Low Effects- Low Post processing- (most think to keep this on low but medium or high is better for seeing loot and people far away because of depth of field. If your game is choppy low will be fine but please note that loot will not load in past 70-120 meters, and people 120-280 meters depending on your scopes zoom.) Ray tracing- OFF

Again this is a general guide for maximum performance while still not looking at a complete potato.

After testing all graphics settings and several combinations of those settings, here is my guide for optimized graphics, offering several presets depending on your hardware and needs. I haven't found a good recent enough optimized settings guide online that focuses on the best balance between visual clarity and performance, so there you go! This is also my first Reddit post ever, I really want to share this with you.

This guide was created at the start of Chapter 6 Season 3 and this guide may be less relevant as the game updates.

Contents:
1) My Graphics Presets - Introduction to all the presets I created and what are for
2) Anti-Aliasing - Going through all anti-aliasing options and which one you should consider using
3) All presets and settings to use

My Graphics Presets

There are 4 presets that I created, offering different graphics features and performance:

Classic Performance - This preset offers the best performance, being pretty close to all low settings. Nanite is OFF and the preset compromises some graphics features (mainly shadow distance).

Classic Quality - This preset is for the best visual quality vs performance with Nanite turned OFF. Useful if your hardware or gamemode doesn't support Nanite and Lumen.

Nanite Performance - This preset offers the best performance with Nanite ON and using Lumen Global Illumination.

Nanite Quality - This preset offers the best visual quality, often indistinguishible from all Epic settings, while offering a nice FPS boost. Graphics card with hardware RT support is recommended for this preset.

Anti-Aliasing

There are multiple anti-aliasing options that I recommend to use. These are:

TSR Medium - This is the one I recommend using for AMD, Nvidia GTX and older Intel GPUs. Generally, "Recommended" quality setting is a good baseline to start with, then increase or decrease 3D Resolution depending on desired performance. Higher TSR options offer negligible visual differences with often noticible hit in performance. With higher 3D Resolution options, you can experiment with Low TSR. For 50% 3D Resolution, you can try High TSR.

Nvidia DLSS - This option is exclusive to Nvidia RTX GPUs. Unfortunately, Fortnite is using old DLSS 2 version. However, you can override it to the latest DLSS 4 using Nvidia App. With Preset K selected in the Nvidia App, this option has the lowest amount of shimmer, making this the best choice for Nvidia RTX GPUs. It has significant performance hit compared to TSR but you can use lower resolution presets for the same or better quality than TSR Native and also force Ultra performance 33% 3D resolution with Nvidia App if you need more performance (at least in theory, this doesn't work for me for some reason, please comment if you experience this as well).

Intel XeSS - This should be the best option for Intel Arc / Battlemage GPU owners. Other GPUs use DP4a fallback which has worse performance. However, if you want to use 33% 3D Resolution, this is your best option with any GPU, since other recommended anti-aliasing options cap at 50% 3D Resolution.

OFF - This option is recommended if you desire the best visual clarity and sharpness at the expense of jagged edges. Always use 100% 3D Resolution and do NOT use it together with Nanite presets, as Nanite and Lumen introduce a lot of flickering that needs to be solved with temporal anti-aliasing options above.

Classic Performance

Shadows | Medium - This is necessary for the performance. Turning shadows OFF breaks global illumination and other lighting effects.

Global Illumination | Ambient Occusion - Nice shadowing around objects, makes the scene "Pop" more.

Reflections | Screen Space - Cheap good enough reflections with minimal performance impact.

View Distance | Medium / High - Affects grass rendering, OFF removes grass. Use medium / high depending on the grass view distance or "pop-in" of distant objects.

Textures | Medium / High - Mainly affects VRAM usage than FPS. Use the highest (not Epic) possible before lag spikes appear. Epic textures actually affect FPS.

Effects | Low / Medium - Epic effects add a some sort of colour filter that heavily reduces FPS. Medium adds more particle effects and lighting "bounce" off surfaces when near lamps and other light sources. You can keep that effect or use low for the best performance.

Post Processing | Medium - Higher options reduce performance for no apparent reason. Medium introduces nice vignette effect, improving contrast.

Classic Quality

Shadows | High - Provides maximum shadow distance and good shadow resolution without big performance hit of Epic option.

Global Illumination | Ambient Occusion - Nice shadowing around objects, makes the scene "Pop" more.

Reflections | Screen Space - Cheap good enough reflections with minimal performance impact.

View Distance | High - Provides highest grass render distance.

Textures | High

Effects | Medium - Epic effects add a some sort of colour filter that heavily reduces FPS.

Post Processing | Medium - Higher options reduce performance for no apparent reason. Medium introduces nice vignette effect, improving contrast.

Nanite Performance

Virtual Shadows | Medium - Shadows when nanite is ON have infinite render distance. This setting only affects update rate of distant shadows and shadow resolution. For the best performance, medium is good enough.

Global Illumination | Lumen High - This transforms the lighting of the game, the game suddenly is more dramatic looking. This is why you enable nanite and is worth the performance cost.

Reflections | Screen Space - For the performance preset, Lumen reflections cost too much FPS to be worth it. Screen space reflections are good enough here.

View Distance | High - Provides highest grass render distance.

Textures | High / Epic

Effects | Medium / Epic - Epic effects add a some sort of colour filter that enhances Lumen global illumination. For some reason, it has a lower impact than without Nanite, so you can use epic effects if you want.

Post Processing | Medium - Higher options reduce performance for no apparent reason. Medium introduces nice vignette effect, improving contrast.

Hardware Ray Tracing - This can improve quality of Lumen. Performance might be better or worse depending on your GPU, so test this for yourself. For Nvidia RTX GPUs, you should see better Lumen effects with negligible performance impact.

Nanite Quality

Virtual Shadows | High - Epic shadows cost too much performance for minimal shadow resolution increase.

Global Illumination | Lumen Epic - Crucial for the best visuals.

Reflections | Lumen Epic - Crucial for the best visuals.

View Distance | High - Provides highest grass render distance.

Textures | Epic

Effects | Epic - Crucial for the best visuals.

Post Processing | Medium - Higher options reduce performance for no apparent reason. Medium introduces nice vignette effect, improving contrast.

Hardware Ray Tracing - This can improve quality of Lumen. Performance might be better or worse depending on your GPU, so test this for yourself. For Nvidia RTX GPUs, you should see better Lumen effects with negligible performance impact.