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Backtrader VS Heroku

Compare Backtrader VS Heroku 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.

Heroku logo Heroku

Agile deployment platform for Ruby, Node.js, Clojure, Java, Python, and Scala. Setup takes only minutes and deploys are instant through git. Leave tedious server maintenance to Heroku and focus on your code.
  • Backtrader Landing page
    Landing page //
    2021-09-30
  • Heroku Landing page
    Landing page //
    2023-10-05

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.

Heroku features and specs

  • Ease of Use
    Heroku offers an extremely user-friendly interface and a high level of abstraction, making it easy for developers to deploy, manage, and scale applications without worrying about the underlying infrastructure.
  • Quick Deployment
    One of Heroku’s strongest points is the ability to deploy applications quickly using Git. Developers can push their code to Heroku with a simple command, streamlining the entire process.
  • Scalability
    Heroku provides effortless scaling options by allowing developers to add more dynos (containers) with a single command to handle increased traffic and workload.
  • Add-Ons Ecosystem
    Heroku offers a rich ecosystem of add-ons, such as databases, caching, monitoring, and more, which can be easily integrated into applications to extend their functionality.
  • Automatic Updates
    Heroku automatically handles operating system and server updates, allowing developers to focus solely on their application code rather than maintenance tasks.
  • Free Tier
    Heroku offers a free tier with sufficient resources to host small projects and learn the platform without incurring costs, making it accessible for beginners and small-scale applications.

Possible disadvantages of Heroku

  • Cost
    While Heroku offers a free tier, the costs can quickly add up for larger applications and professional use. Paid plans and additional dynos or add-ons can become expensive.
  • Performance
    Heroku’s performance can sometimes be suboptimal compared to other cloud providers, particularly when running high-performance or resource-intensive applications.
  • Limited Control
    Heroku abstracts away a lot of infrastructure management, which can be a downside for developers who need fine-grained control over their environments and configurations.
  • Dyno Sleeping
    Applications running on Heroku’s free tier experience 'dyno sleeping,' where the application goes to sleep after 30 minutes of inactivity, causing a delay when it wakes up after receiving a new request.
  • Vendor Lock-In
    Relying heavily on Heroku’s ecosystem and platform-specific features can lead to vendor lock-in, making it challenging to migrate to another platform if needed.
  • Add-On Costs
    The costs for add-ons can also become significant, as many useful features and integrations require paid add-ons, increasing the overall expense.

Analysis of Heroku

Overall verdict

  • Heroku is a solid choice for developers seeking a straightforward, cloud-based solution for deploying and managing applications. However, it may not be the most cost-effective option for large-scale or data-intensive applications.

Why this product is good

  • Heroku is a popular platform as a service (PaaS) due to its ease of use, fast deployment process, and robust support for multiple programming languages. It allows developers to focus on building applications without worrying about the underlying infrastructure. Heroku offers scaling capabilities, a wide variety of add-ons, and a strong developer community.

Recommended for

    Heroku is recommended for startups, small to medium-sized applications, hobby projects, and developers who value ease of use and quick deployment cycles. It is particularly suited for those who are developing web applications in languages such as Ruby, Node.js, Python, and others supported by the platform.

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)

Heroku videos

+ Add

What is Heroku | Ask a Dev Episode 14

More videos:

Category Popularity

0-100% (relative to Backtrader and Heroku)

Backtrader

Heroku

Finance
100 100%
Finance
0% 0
Cloud Computing
0 0%
Cloud Computing
100% 100
Development
100 100%
Development
0% 0
Cloud Hosting
0 0%
Cloud Hosting
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 Heroku

Backtrader Reviews

We have no reviews of Backtrader yet.
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Heroku Reviews

  1. mark-mercer
    Useful Cloud Platform

    Great service to build, run and manage applications entirely in the cloud!

    🏁 Competitors: Amazon AWS, Dokku on Digital Ocean, Firebase
    👍 Pros:    Easy user interface|Good customer service|Multi-language cloud application platform
    👎 Cons:    Limitation with some addons|Low network performance
  2. jamestelford
    · Full Stack Developer at OutDev ·
    🏁 Competitors: Docker, Amazon AWS
    👍 Pros:    Powerful development environments|Great value for the money|Great customer support|Paas
10 Top Firebase Alternatives to Ignite Your Development in 2024
Heroku’s focus on simplicity and developer experience makes it a perfect fit for those who want to focus on building their apps, not babysitting servers. Startups and small businesses, in particular, can benefit from Heroku’s ability to accelerate development and deployment, allowing them to get their ideas to market faster.
Source: genezio.com
2023 Firebase Alternatives: Top 10 Open-Source & Free
Heroku Postgres – Majority of businesses like Heroku because of its SQL database support. Yes, PostgreSQL as a service is an appealing product of this PaaS vendor with quick deployment approaches.
Source: digitalcruch.com
5 Free Heroku Alternatives with Free Plan for Developers
Koyeb is a decent alternative to Heroku that you can consider for hosting or deploying your web apps and APIs. It has all the features of Heroku that you will need for your projects. So far, I have not encountered an importer tool for migrating Heroku deployments but I am sure doing that manually will not be that hard. Just like Heroku it offers you an intuitive web UI as...
Source: www.ilovefreesoftware.com
Choosing the best Next.js hosting platform
However, there are a few disadvantages to Heroku. First of all, despite its build pack, Heroku will run your project as a Node.js application. As a result, you will lose some of Next.js’ most interesting features, such as Incremental Static Regeneration. Analytics are replaced by metrics and measured throughput, response time, and memory usage (only on paid plans).
Source: blog.logrocket.com
Top 10 Netlify Alternatives
Heroku is another alternative to Netlify that doesn’t only host static websites but has the ability to host dynamic websites. This PaaS platform was launched in 2007 and conferred highly scalable features to deploy, host and launch applications.
Source: blog.back4app.com

Social recommendations and mentions

Based on our record, Heroku seems to be a lot more popular than Backtrader. While we know about 73 links to Heroku, we've tracked only 3 mentions of Backtrader. 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

Heroku mentions (73)

View more

What are some alternatives?

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

quantra - A public API for quantitative finance made with Quantlib

DigitalOcean - Simplifying cloud hosting. Deploy an SSD cloud server in 55 seconds.

Quantopian - Your algorithmic investing platform

Linode - We make it simple to develop, deploy, and scale cloud infrastructure at the best price-to-performance ratio in the market.

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.

Amazon AWS - Amazon Web Services offers reliable, scalable, and inexpensive cloud computing services. Free to join, pay only for what you use.

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