Software Alternatives, Accelerators & Startups

MesoSim by deltaray VS Backtrader

Compare MesoSim by deltaray VS Backtrader and see what are their differences

MesoSim by deltaray logo MesoSim by deltaray

MesoSim from deltaray is an advanced option backtesting service

Backtrader logo Backtrader

Backtrader is a complete and advanced python framework that is used for backtesting and trading.
  • MesoSim by deltaray Landing page
    Landing page //
    2022-12-12

Create, test and optimize Option Trading Strategies. Supports basic positions as well as complex trades, such as Boxcar, M3, Space Trip Trade (STT) and Rhino. Export your trades to OptionNet Explorer for further analysis.

  • Backtrader Landing page
    Landing page //
    2021-09-30

MesoSim by deltaray

$ Details
freemium $35.0 / Monthly (Standard package, paid annually)
Release Date
2022 June

Backtrader

Pricing URL
-
$ Details
Release Date
-

MesoSim by deltaray features and specs

  • Automated Backtests
  • Delta Hedging
  • Risk Graph

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.

MesoSim by deltaray videos

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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)

Category Popularity

0-100% (relative to MesoSim by deltaray and Backtrader)
Finance
31 31%
69% 69
Development
27 27%
73% 73
Investing
32 32%
68% 68
Tool
0 0%
100% 100

User comments

Share your experience with using MesoSim by deltaray 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, 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.

MesoSim by deltaray mentions (0)

We have not tracked any mentions of MesoSim by deltaray yet. Tracking of MesoSim by deltaray recommendations started around Dec 2022.

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: over 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: over 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: almost 4 years ago

What are some alternatives?

When comparing MesoSim by deltaray and Backtrader, you can also consider the following products

OptionNet ONE - Options Trading and Analysis Software. Learn, Backtest and Trade Options. FREE live streaming data from your broker account. TRIAL available.

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.

Quantopian - Your algorithmic investing platform

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

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.

Quantreex - An automated trading platform that you let you create trading strategies intuitively.