🔍 What it is
An advanced, fully-automated trading robot (Expert Advisor) built for MetaTrader 5, developed over six years to meet the needs of serious forex and gold traders.
⚙️ Core Purpose
Specifically designed to automate trading processes such as entries, exits, position sizing, and risk control—especially useful for passing proprietary firm challenges like FTMO.
📈 Key Strategies & Features
- Works best on M1 timeframe and supports multiple pairs, including gold (XAUUSD)
- Combines multiple strategies: trend-following, hedging, averaging, reverse entries, and split-risk logic
- Uses dynamic sequencing: ATR-based trade spacing, max order limits, and optional random delays to avoid broker pattern detection
- Offers built-in filters: EMA, ADX, and optional news avoidance for enhanced safety
🛡️ Risk Management
- Fully customizable SL/TP per trade
- Daily equity protection, profit caps, and drawdown limits
- Can automatically stop trading on high-impact news or at specific times (e.g., Friday closures)
⏱️ 24/5 Auto Operation
Runs continuously during weekdays without user intervention. Time filters allow trading only during specified sessions or conditions.
💻 Technical Requirements
- Requires MetaTrader 5 platform
- Comes with custom DLLs; users must allow/whitelist these files
- EA file (.ex5) must be placed in the correct Experts folder
- Compatible with both demo and real accounts
- Recommended balance: $200–$1000+ depending on risk level and trading pair
- Works best with high-leverage brokers (e.g., 1:500 or 1:1000)
📚 Support & Resources
- Includes multiple set files for different strategies (e.g., gold trend, RSI, EMA-based)
- User-friendly interface with visual trade displays and clear inputs
- Tutorial videos and setup guides included
- Backtest support provided for optimization
📊 Performance Highlights
- Known for helping traders pass prop-firm challenges with steady, controlled returns
- Offers adjustable settings to adapt to different market conditions
- Delivers moderate monthly profits when optimized correctly
- Not a plug-and-play EA—requires proper setup, tuning, and occasional monitoring
💡 Final Note:
Pow Banker MT5 V8.991 is a powerful tool for disciplined traders seeking automation with flexibility. With its modular strategies, built-in safety measures, and advanced sequencing logic, it’s ideal for both evaluation phases and live trading—when used responsibly.
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