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Conda VS Backtrader

Compare Conda VS Backtrader and see what are their differences

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Conda logo Conda

Binary package manager with support for environments.

Backtrader logo Backtrader

Backtrader is a complete and advanced python framework that is used for backtesting and trading.
Not present
  • Backtrader Landing page
    Landing page //
    2021-09-30

Conda features and specs

  • Cross-Platform Package Manager
    Conda is a versatile package manager that works across multiple operating systems including Windows, macOS, and Linux, making it a universal solution for environment management.
  • Environment Management
    Conda can create, export, list, remove, and manage environments that contain different versions of Python and/or various packages, enhancing reproducibility and isolation.
  • Wide Range of Packages
    Conda supports a broad spectrum of packages not limited to Python, which means it can install software and their dependencies from the C, C++, FORTRAN, and other ecosystems.
  • Binary Package Delivery
    Packages are delivered as binaries, meaning you don't have to compile anything. This speeds up the installation process and reduces the possibility of errors.
  • Easy Dependency Resolution
    Conda automatically manages dependencies, ensuring that the required packages are installed in the correct versions and reducing compatibility issues.
  • Version Control
    It allows you to manage different versions of software and switch between them seamlessly without conflict, which is crucial for development, testing, and deployment.

Possible disadvantages of Conda

  • Large Disk Space Requirement
    Conda environments can take up a significant amount of disk space due to the inclusion of multiple versions of Python and other binaries.
  • Complexity
    While Conda is powerful, its comprehensive set of features may be overwhelming for beginners who only need simpler package management.
  • Performance Overhead
    The convenience of automated dependency resolution and environment management can sometimes come at the cost of performance, particularly during the first setup.
  • Slower Package Availability
    Newer versions of some packages may take longer to become available on Conda compared to other package managers like pip, leading to potential delays in adopting the latest features.
  • Third-Party Channels
    While Conda has its main channel, many packages are hosted on third-party channels, which can lead to inconsistencies or reliability issues.
  • Not Limited to Python
    Although this is also a strength, for users who are primarily working with Python, Conda might feel over-engineered for their needs.

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.

Analysis of Conda

Overall verdict

  • Yes, Conda is generally regarded as a good tool due to its versatility, efficiency in managing dependencies, and user-friendly features.

Why this product is good

  • Conda is considered good because it is a powerful package manager and environment manager that is language agnostic. It simplifies the installation of packages and dependencies across different programming languages, particularly beneficial for data science and machine learning tasks. It also handles library conflicts with ease, making it a preferred choice for managing complex software environments.

Recommended for

  • Data scientists
  • Machine learning engineers
  • Software developers using Python, R, or any other language needing isolated environments
  • Researchers requiring reproducible scientific environments
  • Anyone who frequently works with packages that have complex dependencies

Conda videos

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Backtrader videos

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Backtrader Python Review

More videos:

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

Category Popularity

0-100% (relative to Conda and Backtrader)

Conda

Backtrader

Front End Package Manager
100 100%
Front End Package Manager
0% 0
Finance
0 0%
Finance
100% 100
Package Manager
100 100%
Package Manager
0% 0
Development
0 0%
Development
100% 100

User comments

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

Based on our record, Conda seems to be a lot more popular than Backtrader. While we know about 32 links to Conda, 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.

Conda mentions (32)

  • Say Hello to UV: A Fast Python Package & Project Manager Written in Rust
    If you’ve been managing Python projects long enough, you’ve probably dealt with a mess of tools: pip, pip-tools, poetry, virtualenv, conda, maybe even pdm. - Source: dev.to / about 2 months ago
  • The Simplest Data Architecture
    You can use isolated Python environments like venv or conda. If you do this, you'll have to manage your environments yourself, and also constantly switch between them to run your data engineering code vs dbt. - Source: dev.to / 8 months ago
  • Python's virtual environments
    Conda is an open-source package management system and environment management system that runs on Windows, macOS, and Linux. It is a powerful tool that allows you to create and manage virtual environments, install and update packages, and manage dependencies. Conda is particularly popular in the scientific computing community, as it provides access to a wide range of scientific computing libraries and tools. I... - Source: dev.to / 11 months ago
  • Introducing Flama for Robust Machine Learning APIs
    When dealing with software development, reproducibility is key. This is why we encourage you to use Python virtual environments to set up an isolated environment for your project. Virtual environments allow the isolation of dependencies, which plays a crucial role to avoid breaking compatibility between different projects. We cannot cover all the details about virtual environments in this post, but we encourage... - Source: dev.to / over 1 year ago
  • Ask HN: Package management for multiple modules in C++, Python, Java project?
    Conda https://docs.conda.io/en/latest/ ?? I'm not sure, but I used it to download some Python packages. It's an alternative to pip, but I'm not sure about the details. - Source: Hacker News / over 1 year ago
View more

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

What are some alternatives?

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

Python Poetry - Python packaging and dependency manager.

quantra - A public API for quantitative finance made with Quantlib

pkgsrc - pkgsrc is a framework for building over 17,000 open source software packages.

Quantopian - Your algorithmic investing platform

Homebrew - The missing package manager for macOS

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.

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