VR Template is not working properly in HTC VIVE.. Even the HMD view is not proper

Hi peeps , I’m working on HTC vive for the first time , Im facing some issues in basic setup itself. whenever I run Something in VR preview, The Steam VR shows (unresponsive UEeditor.exe) and also make the screen full compositor Error. I was trying out VR template That’s not working properly only red screen is coming in HMD. some time it works but also controller is not detecting in VR preview mode. Someone please help me out fixing of proper working of template. and proper set up for VR

I have the same problem