Glossary

Definitions for terms used throughout Astral. Product labels can be more specific than general trading usage, so use these meanings when reading the docs.

Product and strategy terms

Terminal sessionworkspace
A persisted conversation and associated workspace context. A session can contain charts, generated code, and backtests without creating a saved strategy.
Strategyrule specification
Inspectable assets, interval, derived series, conditions, sizing, and actions intended for simulation or an eligible deployment.
Indicatoranalysis
A transformation or visualization of data. An indicator can inform a rule but does not necessarily define entries, exits, or sizing.
Saved strategyprivate record
A reusable strategy stored privately in the account. Saving does not publish or deploy it.
Publicationpublic record
A strategy or indicator explicitly shared to Explore and a public profile.
Deploymentongoing operation
An active or paused instance of a strategy operating in notifications-only, Astral Paper, or broker-connected mode.
Execution modeoperation setting
The selected behavior for a deployment: signals only, simulated paper activity, or eligible connected-broker routing.

Data and testing terms

Bar / candlemarket data
Open, high, low, close, and often volume summarized for an interval such as one minute or one day.
Bar size / intervaltimeframe
The period represented by each bar and commonly the cadence at which strategy conditions are evaluated.
Backtesthistorical simulation
Application of strategy rules to historical data under stated assumptions. It is not a live result or forecast.
Replayhistorical inspection
A bar-by-bar view used to inspect how a historical strategy state and its orders developed through time.
Look-ahead biastesting error
Using information in a historical decision before it would actually have been available.
Drawdownrisk metric
A decline from a portfolio or equity-curve peak to a later trough, commonly reported as a percentage.
Equity curveperformance series
The simulated or reported value of a strategy or portfolio through time.
Slippageexecution difference
The difference between an assumed or expected price and the price at which an order can actually execute.

Orders and broker terms

Market orderorder
An instruction seeking prompt execution at available prices. The final price is not guaranteed.
Limit orderorder
An instruction to buy no higher or sell no lower than a specified limit, subject to market and broker rules.
Stop-limit orderconditional order
An order that becomes a limit order after a stop condition is reached. Triggering does not guarantee a fill.
Time in forceorder setting
The broker instruction controlling how long an order remains eligible, such as DAY, GTC, GTD, IOC, or FOK where supported.
Bracketprotective orders
Related take-profit and stop-loss instructions associated with an entry or position. Broker support and lifecycle behavior vary.
Buying powerbroker state
The broker’s estimate of funds or capacity available for orders after account and regulatory rules.
Read-only accountbroker access
A connected account available for viewing but not eligible for Astral-submitted orders.

Alerts, access, and community terms

Manual alertcondition
A user-created market or technical condition evaluated with configured timing, frequency, expiration, and delivery profile.
Notification profiledelivery settings
A reusable set of enabled channels and verified destinations used by alerts or deployments.
Entitlementfeature access
An account capability enabled by plan, grant, rollout, or other access rule.
Capacity limitaccount limit
A maximum number of records that can currently exist or remain active, such as saved strategies or broker connections.
Usage limitaccount limit
An allowance consumed by actions and replenished on the schedule shown by the product.
Explore copyprivate derivative
A user-owned editable record created from supported public work. It does not automatically receive author updates.
Following feeddiscovery
Explore activity from public profiles a signed-in user follows. Following does not save or deploy their work.

Prediction-market terms

Outcome tokenprediction instrument
An instrument representing a particular market outcome. Verify which outcome the displayed price and strategy action refer to.
Top of bookquote
The best available bid and ask snapshot. It does not describe deeper size, queue position, or market impact.