Had problems shooting a parade. After viewing the clips I noticed the presence of heavy artifacts that rendered by clips unusable. I was disappointed. Here are the setting that finally worked for me.
Bitrate -CBR 1.1X
QSCALE = -14.
Color Temp was 5500K

Please let me know what you think and if you have a better setting. I personally preferred the Qscale setting for sharpness which my camera failed at without ML.

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