ok you have to remember this is a tv, not a monitor. your trying to make the tv use resolutions it does not support
1080p @ 60Hz @ 4:4:4 Yes
1080p @ 120Hz Yes (native support)
1440p @ 60Hz No
4k @ 30Hz @ 4:4:4 Yes
4k @ 60Hz Yes
4k @ 60Hz @ 4:4:4 Yes
4k @ 120Hz No
All the common input resolutions are supported. For the TV to properly display 4:4:4 color, the HDMI input in use must have its icon changed to 'PC'. To play 4k @ 60 Hz @ 4:2:2 or 4:4:4 color, 'HDMI ULTRA HD Deep Color' in the general settings must be enabled for the input being used.
Update 05/31/2017: 1080p @ 120 Hz + HDR does not work properly. Its brightness appears to be following the SDR gamma curve rather than the HDR PQ curve, making everything look off and too bright.
https://www.rtings.com/tv/reviews/lg/c7-oled
also need to make sure your plugged into the right hdmi on the tv on some units.
and have seen tv's be picky about hdmi cables used.