Preview: https://youtu.be/RgoDvLRDVrs
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Create a new data asset based on Data_StatusEffect blueprint and customize it as you wish.



Select any StatusBarItem Widget in StatusBar widget Hierarchy and change default → Effect asset in the UE5 Details.

You should call ToggleDebug (false) on widget consturct.

You can create a copy of W_StatusBar or just change it out of box. In the second case there could be an issue due to the future asset updates.