Mass Effect trilogy is build on Unreal Engine 3 which base settings can be tweaked by editing game configuration files - .ini-s.
GamerSettings.ini - is user's custom configuration where graphical settings are stored.
C:\Users\<USER_NAME>\Documents\BioWare\Mass Effect 2\BIOGame\Config

In Mass Effect 2 we don't see all graphical settings in main menu or in MassEffect2Config utility.
The main goal of this tweaks is to make the game look better by enable, disable, enhance and alter settings.

Improvements:
- Custom screen resolution;
- Disabled Post Process Effects - Bloom, Film Grain, Motion Blur, Depth Of Field, Ambient Occlusion;
- Increased Textures detailization;
- Increased Shadow resolution, saturation, filtering;
- Performance optimization;

Detailed descriptions are provided in Readme file;

Advantages:
^ World textures, shadows and characters looks sharp, less glowing, more detailed, more bright;
^ Mod use vanilla game engine settings that cause less impact on performance, none game crashes; 
^ Possibility to safe with full compatibility add SweetFX, Reshade, ENB presets;

Disadvantages:
Bioware when creating Mass Effect games used Post process effects to hide textures with low resolution via blurring them;
(Depth of field, Bloom and Lens flares).
- When they turned off in config file, world textures may look less detailed.
> Use mods that increase textures resolution;
- World color schema may look 'washed out' - colors became less saturated.
> Use SweetFX, Reshade, ENB presets to alter game color schema (especially those that include HDR);

I recommend to add:
- Anti-aliasing in your graphic card to smooth world textures (greater screen resolution - less AA needed);
Multisampling (MSAA)+\- Sparse Grid Supersampling (SGSSAA)
1920x1080 - 2x
1680x1050, 1600x900 - 2x or 4x
1366x768 and less - 8x

Disabling Volumetric Fog:
Console command:   // off/on //;
show fog
disables EngineMaterials.FogVolumeMaterial rendering, which simulates fog on the horizon;
Disabling fog most noticeable in open terrain - on the planets with seeable horizon;

====================== INSTALLATION ======================

C:\Users\<USER_NAME>\Documents\BioWare\Mass Effect 2\BIOGame\Config > place file there > overwrite.

To enable Dynamic shadows fix:
ShadowFilterRadius=0.01000
DepthBias=0.210000
copy from GamerSettings.ini and replace these values in Coalesced.ini:
Mass Effect 2\BioGame\Config\PC\Cooked\

Compatibility:
ALOT - download optional file; overwrite file after ALOT installation;
Other texture mods - full;

DEINSTALLATION / rollback to default settings: delete GamerSettings.ini - the game will create a new file with default settings.

====================== EDIT ======================

Download:  Notepad++ 6.9.1
DO NOT USE Word, Wordpad or notepad - this will break game files.
- go to: C:\Users\<USER_NAME>\Documents\BioWare\Mass Effect 2\BIOGame\Config and open GamerSettings.ini;
- right-click on GamerSettings.ini > Edit with Notepad++

// How to compare two files in Notepad++ ? //
In Notepad++ add plugin "Compare" : main panel > plugins > plugin manager > show plugin manager > find plugin Compare > Install > (if program asks if you would like to update manager? - Yes, only once) > Open two GamerSettings.ini-s > main panel > plugins > Compare > select one of two files > Set as first to compare > switch to second file > main panel > plugins > Compare > Compare 
Differences between two files - will be highlighted.

If you want edit Coalesced.ini:  [ Mass Effect 2\BioGame\Config\PC\Cooked\  ]
GamerSettings.ini overrides base game graphical settings that stored in Coalesced.ini
Download:  ME2IniFixer
Place it to: Mass Effect 2\BioGame\Config\PC\Cooked\
Each time you edit and save file - launch ME2IniFixer;
// This program will recode changes you made in Coalesced.ini for game. Without this you`ll can`t launch the game properly //;
// If you launch IniFixer with opened Coalesced in Notepad++, Notepad ask: 'This file has been modified by another program. Do you want to reload it?' > yes //;

======== Screenshots =========

Resolution: 1920x1080
AA (Anti-aliasing): none
SweetFX, Reshade, ENB: several screenshots with SweetFX for compare
ALOT: no
+ Screenshots with explanations of post process effects and shadows properties;

====================== My Mass Effect trilogy mods ======================

ME2 Gameplay tweaks
ME2 Weaponry tweaks
ME2 Armory tweaks

ME1 Graphics tweaks
ME1 Gameplay tweaks

ME3 Graphics tweaks
ME3 Gameplay tweaks
ME3 Weaponry tweaks