Glossary

Every term used in the app and the docs, A to Z.

A

Acknowledged
An alert has been seen by an operator. Does not resolve the cause.
Agent
The autonomous system that ingests news, scores signals, and places trades.
Auto-trade
Master switch that lets qualifying signals open positions automatically.

B

Backtest
A replay of a frozen agent configuration over historical events.
Brief
Structured output of one portfolio decision pass.

C

Capital per trade
USD allocated to each new position. Hard cap.
Close list
Tickers the AI has explicitly told the executor to close.
Confidence
Model's 0–1 score for the strength of a signal.
Config snapshot
Frozen copy of agent config used for a specific backtest run.
Cycle
One full read → collate → decide → react pass.

D

Demo mode
Trades simulated against eToro's demo environment. No real capital moves.
Direction
Long (price up) or Short (price down).
Drawdown
Distance from peak portfolio value, expressed as a percentage.
Drawdown pause
Safety brake that halts new trades when drawdown breaches the limit.

E

Event
A scheduled market-moving occurrence — earnings, FDA, FOMC, EIA, M&A.
eToro instrument
A tradable symbol as known by eToro, with its instrument_id.
Executor
The component that turns a brief into actual broker orders.

I

Intraday reaction
An off-schedule pass triggered by breaking news or an imminent event.

L

Lineage
The chain news → signal → brief → trade that lets you audit any execution.
Live mode
Trades hit eToro's live environment with real capital. Requires explicit toggle.

M

Max leverage
Hard ceiling on per-trade leverage, regardless of model proposal.
Mode
demo or live — stamped on every signal, brief and trade.

P

Pattern matching
Looking up analogous historical events and the trades they produced.
Peak portfolio value
Highest equity ever reached. Drives drawdown math.
Pending
A signal that has been scored but not yet considered for execution.
Portfolio pass
One full execution of the decide phase, recorded as a brief + run.

S

Scorer version
Identifier of the scoring prompt/model combo, stamped on every signal.
Session
One of the three daily windows (Asia / EU / US opens).
Session budget
Max USD the agent may deploy in a single session.
Signal
One news item scored by the AI with direction, confidence and reasoning.
SL / TP
Stop-loss and take-profit prices applied to each open position.

T

Target book
What the AI wants the portfolio to look like after the current pass.
Trigger
Why a pass ran — scheduled session, breaking news, event cluster, imminent event.

V

Verdict
Per-position call: hold, trim or close, with a one-sentence reason.