Red Riding Hood: Automated MT5 Trading with Verified Results and Reduced Drawdown

Red Riding Hood review 2026 performance analysis begins by noting the advisor's clear rule set and transparent pricing model. The developer, Evgeny Belyaev, publishes a starting price of $49 that increases by $50 every 24 hours, a policy intended to preserve support quality as the user base grows. In live account samples the Results show a consistent edge on EURUSD and GBPUSD where liquidity and low spreads favor the algorithm. What makes Red Riding Hood unique is its hybrid approach: trend filtering for direction combined with short-term volatility breakouts for entries, supported by ATR-based stops and equity-protect thresholds. The algorithm works by scanning multiple timeframes on MT5 to confirm trend alignment, then entering on pullback or breakout opportunities when volatility and spread conditions meet predefined criteria. The system avoids news spikes and low-liquidity sessions through configurable time filters and spread checks, which improves execution quality. Risk management relies on per-trade stop losses, volatility-adjusted sizing, and a hard daily loss limit to reduce tail risk. Expected performance characteristics include moderate monthly returns with drawdowns typically contained below 8-12% on recommended account sizes. Pricing transparency, documented logs, and user reviews (4.5/5 from 100 reviewers) support trust, while Evgeny Belyaev provides support for MT5 installation and parameter guidance.