You seem to be asking for camera projection, and yes - it is possible.
I’ve done it as a camera projected decal (so your control would be if ‘receives decals’ is checked or not), but it can be combined with any texture / material.
See:
https://forums.unrealengine.com/showthread.php?109643-Camera-projection-CameraVectorWS
I’ll try to update it with a link to the actual assets soon.