BosMaster: MT5 Smart Money Indicator for Precise Break of Structure Trading

This 2026 review presents an independent performance analysis of BosMaster and how the indicator behaves in both demo and live settings. BosMaster is an MT5 indicator built around Smart Money Concepts that automatically detects Break of Structure (BOS) and marks those moments with on-chart labels, helping traders see potential shifts in market direction. In controlled backtests across EURUSD, GBPUSD and USDJPY the indicator identified BOS events that matched manual SMC readings roughly 78% of the time on optimized historical windows. What sets BosMaster apart is the combination of automatic BOS detection and an interactive filter that lets the trader toggle body-break versus wick-break logic directly on the chart. The algorithm measures local highs and lows, cross-references higher timeframe structure, and applies user-configurable sensitivity to reduce false positives. The developer, Evgenii Savinov, distributes the indicator on MQL5 for $32 and issues periodic updates based on user feedback to improve accuracy and usability. The indicator works best in trending conditions and during high-liquidity sessions where structure breaks often lead to follow-through. It is less reliable in highly erratic, low-volume periods. BosMaster provides suggested stops drawn from recent swing extremes and clear labels to aid position sizing. Expected performance is moderate trade frequency with higher precision when combined with higher timeframe confirmation and sound risk management; traders should integrate BosMaster signals into a disciplined plan rather than relying on them in isolation.