Apparatus and associated methods relate to determining metrics of water particles in clouds by directing light pulses at a cloud and measuring a peak, a post-peak value and a high-frequency fluctuation of light signals reflected from the cloud. The light pulses include: a first pulse having circularly polarized light of a first wavelength; and a second pulse of a second wavelength. The reflected light signals include: a first reflected light signal having left-hand circular polarization of the first wavelength; a second reflected light signal having right-hand circular polarization of the first wavelength; and a third reflected light signal of the second wavelength. An extinction coefficient and a backscatter coefficient are determined based on the measured peak and post-peak slopes of the first and second reflected light signals. The measured high-frequency fluctuations of the three reflected light signals can be used to calculate cloud particle sizes.