How to watch HDR content on non HDR (SDR) monitors

I don’t have an HDR monitor yet, but I have already downloaded a collection of 10Bit HDR movies. Whenever I try to watch them on my monitor using VLC / MPC, though they would play them, the colors looked washed out. To get MPC-HC to handle the HDR metadata correctly, I had to install MAD VR. Extract the madVR files …