A high end CPU is not needed when you have a 1050ti which has hardware decoders.
MPC-HC or better MPC-BE, because MPC-BE can also convert HDR to SDR with internal filters, without the need of madVR and MPC-BE development is very active. See its thread for more infos or questions:
Media Player Classic - BE Win32/x64
Here you can download latest Nightly build, don't worry -> rocksolid
https://yadi.sk/d/r7JYQ2NjHvE4lA/Beta/1.5.4
https://yadi.sk/d/hlf1lfC8mKU58