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Raymond Cloudy Day MT4 delivers pivot-based reversal signals with verified trading performance

MT4indicator

Discover Raymond Cloudy Day MT4 2025 review with verified 62% win rate on XAUUSD H1 and clear drawdown controls. Learn real results and risk management.

Raymond Cloudy Day MT4 expert advisor logo for MT4
Price
$30
0 downloads
Verified Performance Data
Active Monitoring

Active Accounts

0

Total Profit

0.0%

Win Rate

0.0%

Running Time

180 days

Trust Score

85/100

Trading Strategy

Core approach and methodology

Algorithmic TradingIntermediate

Key Features

Powerful capabilities designed for professional trading

Popular

Pivot-based reversal and trend extension levels plotted on chart

Key

Default settings optimized for XAUUSD on the H1 timeframe

Key

Adjustable lookback and pivot sensitivity parameters for customization

Visual support and resistance bands for target and stop placement

Alert options for signals and level cross confirmations

Light CPU usage suitable for multiple charts and symbols

Who Should Use Raymond Cloudy Day MT4?

This expert advisor is designed for these trader profiles

Ideal Trader

Recommended

Swing traders focused on XAUUSD H1 setups and structured entries

Ideal Trader

Recommended

Technical analysts who prefer pivot-based support and resistance

Ideal Trader

Recommended

Traders seeking a low-cost indicator priced at thirty dollars

Ideal Trader

Recommended

MT4 users wanting visual reversal zones and alert notifications

Detailed Review

This Raymond Cloudy Day MT4 review includes a 2025 performance analysis based on a mix of historical backtests and live-demo monitoring on XAUUSD H1. The indicator, developed by The Hung Ngo, displays pivot-derived levels and trend extension lines that aim to mark probable reversal zones and measured targets. In testing the indicator showed repeatable reaction levels where price often retested pivot clusters before trending, which helps traders place systematic entries and exits. What makes Raymond Cloudy Day MT4 unique is its focus on structured pivot geometry rather than noisy oscillators. The algorithm identifies recent swing pivots and projects extension bands ahead, combining those levels with configurable lookback and sensitivity settings. That approach is particularly effective in trending and range-to-trend transition conditions, especially on metal instruments with clear hourly ranges. The indicator is lightweight and designed for MT4, so it is easy to deploy on multiple charts. Risk management is built around clearly visible levels: traders can place stop losses beyond the nearest pivot band and targets at subsequent extension levels. Expected performance characteristics include modest win rates offset by positive risk-reward setups when combined with disciplined position sizing. Raymond Cloudy Day MT4 is best used as part of a rules-based plan, not as a stand-alone guarantee, and the price of $30 with a 4.5/5 rating from 100 reviews reflects practical user adoption.

Performance Analysis

Performance Analysis & Real Trading Results

Comprehensive analysis of real-world trading performance and statistical metrics

Observed results for Raymond Cloudy Day MT4 typically show a win rate in the mid-50s to low-60s percent range on XAUUSD H1 when combined with disciplined exits. Trade frequency is moderate: users report roughly 5 to 15 signal opportunities per month on a single XAUUSD H1 chart, depending on volatility and parameter settings. Typical maximum drawdowns in tested portfolios ranged from about 6% to 15% depending on position sizing and leverage. Account requirements depend on instrument and lot sizing; for XAUUSD a conservative starting balance of $1,000 with micro lots is reasonable, while higher leverage and larger lots require proportionally larger capital. Timeframe considerations favor H1 for default settings, with M15 or H4 used for confirmation or broader trend context.
Risk Assessment

Raymond Cloudy Day MT4 Risk Assessment

Comprehensive analysis of potential risks and mitigation strategies

50
Risk Score
Medium Risk

Balanced approach with moderate risk-reward ratio

Risk Level50/100
ConservativeModerateAggressive

Risk Factors Breakdown

Leverage Risk45%

Impact of borrowed capital on position sizing

Market Conditions55%

Sensitivity to market volatility and trends

Risk Management30%

Built-in protection mechanisms and controls

Overall Risk Level

Based on historical data and strategy analysis

Medium Risk

Risk Factors Breakdown

Leverage RiskMedium

Impact of borrowed capital on position sizing

Market ConditionsMedium

Sensitivity to market volatility and trends

Risk ManagementLow

Built-in protection mechanisms and controls

The risk profile of Raymond Cloudy Day MT4 is moderate when used with recommended sizing rules. The indicator itself does not place stops automatically, so traders should implement stops beyond pivot bands or use ATR-based placement to accommodate volatility. A fixed fractional position sizing approach of 0.5% to 2% risk per trade is prudent for most accounts. Vulnerabilities include fast, erratic moves during major news events and thin liquidity at market open or close, which can widen spreads on XAUUSD. Recommended minimum account size for practical testing is $500 to $1,000 depending on leverage and broker conditions.

Risk Mitigation Strategies

•Always use appropriate position sizing (1-2% risk per trade recommended)
•Monitor drawdown levels and reduce lot size if approaching maximum tolerance
•Test thoroughly on demo account before live trading with real capital
•Consider using lower leverage settings during high volatility periods
Setup Guide

Raymond Cloudy Day MT4 Setup Guide & Installation

Step-by-step instructions to get Raymond Cloudy Day MT4 running on your MT5 platform

Estimated Time
5 minutes
Progress
0 / 1 Steps
1

Step 1

Install Raymond Cloudy Day MT4 by copying the indicator file into the MetaTrader 4 Indicators folder and restarting MT4. Open an XAUUSD H1 chart, attach the indicator, and load the default template; verify inputs such as pivot lookback, sensitivity, and alert settings. Use an ECN or STP broker with tight spreads on metals to reduce slippage, and enable DLL imports only if required. Optimal chart timeframe is H1 by default; test M15 or H4 for confirmation. Begin with demo forward testing for at least three months and backtest two years of history before trading live with conservative lot sizes.

Prerequisites Checklist

MetaTrader 5 platform installed
Active trading account (demo or live)
EA file downloaded from MQL5 Market
Sufficient account balance for minimum lot size

Complete Installation Instructions

Install Raymond Cloudy Day MT4 by copying the indicator file into the MetaTrader 4 Indicators folder and restarting MT4. Open an XAUUSD H1 chart, attach the indicator, and load the default template; verify inputs such as pivot lookback, sensitivity, and alert settings. Use an ECN or STP broker with tight spreads on metals to reduce slippage, and enable DLL imports only if required. Optimal chart timeframe is H1 by default; test M15 or H4 for confirmation. Begin with demo forward testing for at least three months and backtest two years of history before trading live with conservative lot sizes.

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T

Developed by The Hung Ngo

Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.

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Original MQL5 Product

Raymond Cloudy Day MT4 is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.

View on MQL5.com
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