The equivalent of Capsule indirect shadows for static meshes is called ‘Distance Field Indirect Shadow’. It allows shadowing of baked and indirect lighting, just using a mesh distance field instead of a capsule setup.
For this to work you need to either have ‘GenerateMeshDistanceFields’ enabled on your project (can cost a lot of memory), or just enable ‘GenerateMeshDistanceField’ on the individual UStaticMesh (costs very little memory).
Distance Field indirect shadows affecting a Static Skylight (baked into lightmaps)
Distance Field indirect shadows affecting an emissive light (baked into lightmaps)
