You'll not be able to do much here. You can set up HDR tone mapping and maybe set NGU sharp to medium. It will still be a big upgrade over regular image, but not nearly as big as my 2070 super. Here's the link to kodi forums which describes which settings to use. It's a great idea to read the stuff above too where he explains which settings do what and so on. As you can see after you read the entire comment, he has given medium and high settings (high are for a 1080 ti class GPU and medium for 1050 ti). If you overclock your 1060, you can start with the 1050 ti settings and then slowly up the chroma and luma from there. I generally go for NGU sharp over NGU anti-alias, but it's a preference if you prefer a sharper, cleaner image with more artifacts (NGU sharp) or slightly softer image with no artifacts (NGU anti-alias). For high bitrate 1080p or higher videos, NGU sharp has better SNR.
Take your time and understand how it works. It's a one-time effort which will require several hours, but it's worth it. When you get a newer GPU, just up the settings. If you are serious about A/V, I highly recommend upgrading to a 3060/3060ti when it launches. You'll be able to do much more with it, and a 3060 should be on par with my 2070 super which can max out all the settings here (even higher than the high 1080 ti settings he displayed here).
Any comments on the up scaling performance with madVR? Can do something close to Shield pro?