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Backtrader VS Gekko Plus

Compare Backtrader VS Gekko Plus and see what are their differences

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  2. » Videos
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Backtrader logo Backtrader

Backtrader is a complete and advanced python framework that is used for backtesting and trading.

Gekko Plus logo Gekko Plus

A tool that helps you invest smarter
  • Backtrader Landing page
    Landing page //
    2021-09-30
  • Gekko Plus Landing page
    Landing page //
    2021-10-12

Backtrader features and specs

  • Versatility
    Backtrader supports a wide variety of data sources and formats, as well as different types of financial instruments, allowing for extensive backtesting and live trading capabilities.
  • Community and Documentation
    The platform has a strong community and comprehensive documentation, making it easier for new users to get started and for experienced users to troubleshoot and optimize their strategies.
  • Python Integration
    Written in Python, Backtrader allows users to leverage Python's extensive ecosystem of libraries for data analysis, machine learning, and other financial computations.
  • Open Source
    As an open-source project, users can modify and extend the platform to meet their specific trading and testing needs without restrictions, and contribute to its development.
  • Flexibility in Strategy Design
    Backtrader offers a flexible and intuitive framework to design complex trading strategies, enabling users to test multiple strategies with different parameters efficiently.

Possible disadvantages of Backtrader

  • Steep Learning Curve
    Despite its flexibility, new users may find Backtrader's extensive features and options overwhelming, requiring a significant amount of time to learn and effectively utilize.
  • Performance Issues
    For very large datasets, Backtrader might experience performance bottlenecks or require additional optimization, as Python is not the fastest language for high-frequency backtesting.
  • Limited Technical Support
    As a community-driven open-source project, Backtrader might lack the formal technical support and customer service that comes with commercial trading platforms.
  • Complexity in Live Trading
    Transitioning from backtesting to live trading can require significant additional setup and potential custom development, especially in integrating broker APIs.
  • Outdated Resources
    Some educational materials and tutorials may be outdated, leading to confusion due to interface or feature updates that are not well-documented.

Gekko Plus features and specs

  • Ease of Use
    Gekko Plus provides an intuitive interface that is easy for both beginners and experienced traders to navigate.
  • Automation
    The platform offers automated trading strategies, allowing users to set their own parameters without needing to manually trade.
  • Backtesting
    Users can backtest their trading strategies against historical data to evaluate their potential performance before going live.
  • Customizability
    It provides a range of customizable options for tailoring strategies to fit specific trading goals and risk tolerance.

Possible disadvantages of Gekko Plus

  • Limited Strategy Options
    The platform might limit users to a set number of predefined strategies, restricting flexibility for more advanced traders.
  • Subscription Cost
    Gekko Plus may require a subscription fee, which could be a con for those looking for free trading solutions.
  • Market Dependency
    The effectiveness of automated trading is heavily reliant on market conditions, which can be unpredictable and lead to losses.
  • Technical Knowledge
    While the platform is user-friendly, a certain level of technical know-how is still required to effectively use all features.

Backtrader videos

+ Add

Backtrader Python Review

More videos:

  • Review - Algorithmic Trading with Python and Backtrader (Part 1)
  • Review - Backtrader Live Forex Trading with Interactive Brokers (Part 1)

Gekko Plus videos

+ Add

Gekko Plus Alpha & Strategy Competition

Category Popularity

0-100% (relative to Backtrader and Gekko Plus)

Backtrader

Gekko Plus

Finance
58 58%
Finance
42% 42
Development
57 57%
Development
43% 43
Tool
62 62%
Tool
38% 38
Investing
45 45%
Investing
55% 55

User comments

Share your experience with using Backtrader and Gekko Plus. For example, how are they different and which one is better?
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Social recommendations and mentions

Based on our record, Backtrader seems to be more popular. It has been mentiond 3 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Backtrader mentions (3)

  • My reality of trading and how i wish i had never started.
    I do like what I see and hear about backtrader.com. I would say they are a notable exception to my general rule of not trusting or using backtesting frameworks. However, I still think it is important to understand how the framework you are using works. So if you are using backtrader for backtesting you still need to put in the time to understand the backtesting engine. Source: about 2 years ago
  • My reality of trading and how i wish i had never started.
    What about backtrader.com? And I feel like it would be step 2 after you at least have something to backtrade and test haha. Source: about 2 years ago
  • I need to know what can go wrong with my 'masterplan'
    Backtesting is basically applying your strategy on historical price data to see if it makes money. I've used Backtrader it works decently well: https://backtrader.com/. Source: over 3 years ago

Gekko Plus mentions (0)

We have not tracked any mentions of Gekko Plus yet. Tracking of Gekko Plus recommendations started around Mar 2021.

What are some alternatives?

When comparing Backtrader and Gekko Plus, you can also consider the following products

quantra - A public API for quantitative finance made with Quantlib

Quantopian - Your algorithmic investing platform

QuantConnect - QuantConnect provides a free algorithm backtesting tool and financial data so engineers can design algorithmic trading strategies. We are democratizing algorithm trading technology to empower investors.

QuantRocket - QuantRocket is an all-in-one end-to-end data trading platform and is securing your connection to other trading applications that will be the key to query data and submit orders.

Intrinio - Intrinio is a trading platform, providing professionals with the best in class financial market data API and other tools.

CloudQuant - Crowd based algorithmic trading development and backtesing for stock market trading.

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