Software Alternatives, Accelerators & Startups

Backtrader VS Google Charts

Compare Backtrader VS Google Charts and see what are their differences

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Backtrader logo Backtrader

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

Google Charts logo Google Charts

Interactive charts for browsers and mobile devices.
  • Backtrader Landing page
    Landing page //
    2021-09-30
  • Google Charts Landing page
    Landing page //
    2023-05-10

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  • Outdated Resources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.

Google Charts features and specs

  • Easy Integration
    Google Charts can be easily integrated with web applications by adding a simple script tag and using JavaScript for customization.
  • Wide Variety of Chart Types
    Google Charts supports a wide range of chart types including line charts, bar charts, pie charts, and more, allowing for comprehensive data visualization.
  • Dynamic Data Handling
    The library allows for dynamic data handling and real-time updates, enabling interactive and responsive charts.
  • Cross-Browser Compatibility
    Google Charts is compatible with most modern browsers, ensuring a consistent experience across different platforms.
  • Customizable
    Offers extensive customization options such as modifying colors, labels, and tooltips, which allows developers to tailor visualizations to their specific needs.
  • Free to Use
    Google Charts is free to use, making it an appealing choice for developers looking for cost-effective data visualization solutions.
  • Comprehensive Documentation
    Provides extensive documentation and tutorials, which helps developers to quickly get started and resolve issues efficiently.

Possible disadvantages of Google Charts

  • Dependency on Google
    Requires an internet connection to fetch the Google Charts library, and performance can be affected if there are connectivity issues.
  • Limited Customization Compared to Alternatives
    Though customizable, it has fewer options and flexibility compared to other libraries like D3.js, which might be a limitation for advanced users.
  • Load Time
    The initial loading time of Google Charts can be slower compared to lightweight charting libraries due to the need to retrieve data from Google's servers.
  • Security Concerns
    As it relies on loading scripts from Google's servers, there might be security concerns in highly sensitive applications.
  • Not Open Source
    Google Charts is not open source, which might be a barrier for developers who prefer open-source solutions for greater control and transparency.
  • Limited Offline Support
    Static charts cannot be easily generated without an internet connection, limiting its use in offline applications.

Analysis of Google Charts

Overall verdict

  • Google Charts is a highly recommended option for anyone seeking a robust, versatile, and free charting library. It combines ease of use with advanced capabilities, making it suitable for both beginners and experienced developers.

Why this product is good

  • Google Charts is a powerful and flexible tool for creating a variety of charts and graphs easily. It is well-suited for both simple and complex data visualizations, offering a wide selection of chart types. Moreover, it integrates smoothly with web applications and is highly customizable, allowing users to adjust the look and functionality to fit specific needs. The documentation provided by Google is extensive and helps users to quickly set up and utilize the tool effectively.

Recommended for

  • Web developers looking to add charts to their websites
  • Data analysts needing to visualize complex datasets
  • Business users seeking to create interactive dashboards
  • Educators and students who require data visualization for projects and presentations

Backtrader videos

Backtrader Python Review

More videos:

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

Google Charts videos

Data Visualization for the Web Using Google Charts

More videos:

  • Review - Incorporating Google Charts in a FileMaker Solution | FileMaker Training
  • Review - Google Charts for Native Android Apps

Category Popularity

0-100% (relative to Backtrader and Google Charts)
Finance
100 100%
0% 0
Data Dashboard
0 0%
100% 100
Development
100 100%
0% 0
Data Visualization
0 0%
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Backtrader and Google Charts

Backtrader Reviews

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Google Charts Reviews

15 JavaScript Libraries for Creating Beautiful Charts
Google Charts also comes with various customization options that help in changing the look of the graph. Charts are rendered using HTML5/SVG to provide cross-browser compatibility and cross-platform portability to iPhones, iPads, and Android. It also includes VML for supporting older IE versions.
Top 10 JavaScript Charting Libraries for Every Data Visualization Need
Google Charts is an excellent choice for projects that do not require complicated customization and prefer simplicity and stability.
Source: hackernoon.com
A Complete Overview of the Best Data Visualization Tools
Google Charts is a powerful, free data visualization tool that is specifically for creating interactive charts for embedding online. It works with dynamic data and the outputs are based purely on HTML5 and SVG, so they work in browsers without the use of additional plugins. Data sources include Google Spreadsheets, Google Fusion Tables, Salesforce, and other SQL databases.
Source: www.toptal.com
The Best Data Visualization Tools - Top 30 BI Software
Google Charts runs on SVG and HTML5, aiming for Android, iOS and total cross-browser compatibility, including older versions of Internet Explorer. All of the charts you can create are interactive and you may be able zoom in on some of them. The site offers a fairly comprehensive gallery where you can find a variety of types of visualizations and interactions that you can use.
Source: improvado.io

Social recommendations and mentions

Based on our record, Google Charts should be more popular than Backtrader. It has been mentiond 10 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

Google Charts mentions (10)

  • The top 11 React chart libraries for data visualization
    This library leverages the robustness of Google’s chart tools combined with a React-friendly experience. It is ideal for developers familiar with Google’s visualization ecosystem. - Source: dev.to / over 1 year ago
  • Using Images in a chart?
    I tried adding the images as labels and it didn't work. If this is possible at all, it would probably require Google Charts. Source: about 2 years ago
  • What are some good graph visualization libraries?
    Google's is a bit simpler to work with but more basic in terms of features https://developers.google.com/chart. Source: over 2 years ago
  • 5 Best Free JS Chart Libraries
    Google charts Https://developers.google.com/chart. - Source: dev.to / over 2 years ago
  • Suggestions for super simple QR code generator
    I did find a nice solution for Access forms where you can use a web browser control and developers.google.com/chart to render a QR code in that control based on the contents of other controls (textboxes, comboboxes, etc.,.). This would be perfect if it didn't a) rely on an active WAN connection and b) rely on that specific URL being active indefinitely. Source: almost 3 years ago
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What are some alternatives?

When comparing Backtrader and Google Charts, you can also consider the following products

quantra - A public API for quantitative finance made with Quantlib

D3.js - D3.js is a JavaScript library for manipulating documents based on data. D3 helps you bring data to life using HTML, SVG, and CSS.

Quantopian - Your algorithmic investing platform

Highcharts - A charting library written in pure JavaScript, offering an easy way of adding interactive charts to your web site or web application

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.

Chart.js - Easy, object oriented client side graphs for designers and developers.