PowerShell history of commands

Question

I use Bash and PowerShell interchangeably, and find it quite annoying when I can't do a Ctrl+R on my PowerShell Console.

Is there a plugin/alternate command that can help me switch between Bash and PowerShell seamlessly?

Update (2018)

PowerShell now supports Ctrl + R. Please see this answer.

Answer 1

An alternate command is to type e.g #ls and press Tab keep pressing tab to cycle through all command history that starts with ls.

In previous versions you could type ls then F8 to match history. Keep pressing F8 to cycle through multiple matches.

Note:ls is just a placeholder in this case. Replace it with any command you want.