BOS & CHoCH Indicator MT5 – Free Download Smart Money Concepts Tool

The BOS & CHoCH Indicator is a free Smart Money Concepts trading tool for MetaTrader 5 that helps traders identify market structure, trend continuation, and trend reversal signals with high accuracy.

This indicator automatically marks Break of Structure (BOS) and Change of Character (CHoCH) on the chart, making it easier to follow institutional price movements and trade like smart money.

What Is BOS and CHoCH?

Break of Structure (BOS)

BOS occurs when price breaks a previous swing high in an uptrend or a swing low in a downtrend. It confirms that the current trend is continuing and provides high-probability trend-following opportunities.

Change of Character (CHoCH)

CHoCH happens when price breaks the market structure in the opposite direction of the current trend. This event often signals a potential trend reversal and early entry opportunities.

How to Use the BOS & CHoCH Indicator

Step 1: Identify the Main Trend

Use higher timeframes such as H1, H4, or D1 to determine the overall market trend before trading.

Step 2: Wait for BOS or CHoCH Signals

• BOS: Trend continuation signal
• CHoCH: Possible trend reversal signal

Step 3: Confirm Your Entry

Combine BOS and CHoCH signals with additional tools such as Order Blocks, Supply and Demand zones, Liquidity Sweeps, RSI, or MACD for higher accuracy.

Step 4: Manage Risk

• Place Stop Loss above or below the recent market structure
• Set Take Profit at key support or resistance levels

Best Timeframes and Markets

The BOS & CHoCH Indicator works on all markets including Forex, crypto, stocks, and indices.

• M15 and M30 for intraday trading
• H1 and H4 for swing trading
• D1 for long-term trading

Key Features

• Free to download and use
• Automatically detects market structure
• Ideal for Smart Money Concepts strategies
• Works on all timeframes and instruments
• Beginner-friendly and professional-ready

Why Use the BOS & CHoCH Indicator?

Market structure is one of the most powerful trading concepts used by institutional traders. The BOS & CHoCH Indicator removes subjective analysis and helps traders identify trend shifts and continuation points with precision.

Conclusion

The BOS & CHoCH Indicator is a powerful free tool for MT5 traders who want to trade using Smart Money Concepts. By identifying BOS and CHoCH signals, traders can improve entry timing, risk management, and overall trading performance.

Download the BOS & CHoCH Indicator for MT5 free and start trading with smart money market structure today.