Documentation
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 sessionworkspaceA persisted conversation and associated workspace context. A session can contain charts, generated code, and backtests without creating a saved strategy.
Strategyrule specificationInspectable assets, interval, derived series, conditions, sizing, and actions intended for simulation or an eligible deployment.
IndicatoranalysisA transformation or visualization of data. An indicator can inform a rule but does not necessarily define entries, exits, or sizing.
Saved strategyprivate recordA reusable strategy stored privately in the account. Saving does not publish or deploy it.
Publicationpublic recordA strategy or indicator explicitly shared to Explore and a public profile.
Deploymentongoing operationAn active or paused instance of a strategy operating in notifications-only, Astral Paper, or broker-connected mode.
Execution modeoperation settingThe selected behavior for a deployment: signals only, simulated paper activity, or eligible connected-broker routing.
Data and testing terms
Bar / candlemarket dataOpen, high, low, close, and often volume summarized for an interval such as one minute or one day.
Bar size / intervaltimeframeThe period represented by each bar and commonly the cadence at which strategy conditions are evaluated.
Backtesthistorical simulationApplication of strategy rules to historical data under stated assumptions. It is not a live result or forecast.
Replayhistorical inspectionA bar-by-bar view used to inspect how a historical strategy state and its orders developed through time.
Look-ahead biastesting errorUsing information in a historical decision before it would actually have been available.
Drawdownrisk metricA decline from a portfolio or equity-curve peak to a later trough, commonly reported as a percentage.
Equity curveperformance seriesThe simulated or reported value of a strategy or portfolio through time.
Slippageexecution differenceThe difference between an assumed or expected price and the price at which an order can actually execute.
Orders and broker terms
Market orderorderAn instruction seeking prompt execution at available prices. The final price is not guaranteed.
Limit orderorderAn instruction to buy no higher or sell no lower than a specified limit, subject to market and broker rules.
Stop-limit orderconditional orderAn order that becomes a limit order after a stop condition is reached. Triggering does not guarantee a fill.
Time in forceorder settingThe broker instruction controlling how long an order remains eligible, such as DAY, GTC, GTD, IOC, or FOK where supported.
Bracketprotective ordersRelated take-profit and stop-loss instructions associated with an entry or position. Broker support and lifecycle behavior vary.
Buying powerbroker stateThe broker’s estimate of funds or capacity available for orders after account and regulatory rules.
Read-only accountbroker accessA connected account available for viewing but not eligible for Astral-submitted orders.
Alerts, access, and community terms
Manual alertconditionA user-created market or technical condition evaluated with configured timing, frequency, expiration, and delivery profile.
Notification profiledelivery settingsA reusable set of enabled channels and verified destinations used by alerts or deployments.
Entitlementfeature accessAn account capability enabled by plan, grant, rollout, or other access rule.
Capacity limitaccount limitA maximum number of records that can currently exist or remain active, such as saved strategies or broker connections.
Usage limitaccount limitAn allowance consumed by actions and replenished on the schedule shown by the product.
Explore copyprivate derivativeA user-owned editable record created from supported public work. It does not automatically receive author updates.
Following feeddiscoveryExplore activity from public profiles a signed-in user follows. Following does not save or deploy their work.
Prediction-market terms
Outcome tokenprediction instrumentAn instrument representing a particular market outcome. Verify which outcome the displayed price and strategy action refer to.
Top of bookquoteThe best available bid and ask snapshot. It does not describe deeper size, queue position, or market impact.