Change location of stored VST presets?

Is there a way for Cubase to load (and save) VST presets to an external hard drive, so that I can easily use them on other computers?

By default all the settings made for a VST are saved with the project. If you adjusted several knobs like cutoff, envelopes, etc. All this will be saved and loaded the next time you load your project. But it will not contain custom made presets. These are saved in the VST configuration. Every developer uses his own scheme to store user presets. Most of the time it’s described in the manual that comes with the VST and how to export (save) these so they can be loaded on another system or imported after a re-installation. It goes without saying that you also need to have this VST(s) installed on the other system you are going to import this project in.