Power Bank: Automated MT4 Trend-Following EA with Measured Performance and Risk Controls

Power Bank review 2026 performance analysis begins with the core premise: detect the early phase of uptrends and downtrends using channel bands derived from a CCI Channel indicator. In this review the analysis focuses on edge identification, trade management, and the practical outcomes you can expect on live MT4 accounts. Power Bank stands out because it combines clear directional signals with a layered martingale/grid style management that attempts to close baskets at a profitable take profit rather than relying on single trade exits. The algorithm calculates channel bands to mark overbought and oversold zones and places initial trend entries when prices break those bands in the signal direction. Power Bank then applies incremental position sizing on adverse moves, which increases exposure while aiming to reduce average entry price toward the TP. This approach makes the EA effective in persistent trends and during structured retracements, but it requires discipline in broker selection and account sizing. Risk controls are configurable, including maximum grid depth, lot multipliers, and global stop-loss thresholds. Backtests and select live samples show periods of steady gains interspersed with drawdown phases that can last several weeks. Expected performance characteristics for Power Bank include moderate to high return potential during trending markets, increased trade frequency on M15, and variable recovery time depending on drawdown limits chosen by the trader. Overall, this review provides a pragmatic assessment of Power Bank strengths, algorithm mechanics, and operational requirements for MT4 deployment.