Reducing file size best settings?

I was using Shotcut with minimal adjustments to substantially reduce my Apple .mov files’ size by a factor of around 5-10 or so (to mp4) with very little quality loss. Then I screwed something up and can’t reset the setting. In Advanced, CODEC used to be at 55% quality and you could adjust that too. My only interest is in getting like a 1GB file down as low as possible (under 200MB).

See here:

Also consider turning off hardware encoding unless you’ve got a GPU with 7th-gen NVENC or better (RTX 20xx+).

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