Edit the line, and more precisely the number at the end of this line, correctly:
< VALUE name=“max_user_presets” val=“44”/ >
Note: I was forced to add the spaces between < VALUE and / > , but the spaces should be absent in your .settings file.
Note: you’ll need to go to Tools > Folder Options > View in the menu bar on top and enable Show hidden files, folders, and drives first, in order to be able to access the hidden AppData folder.