Software Alternatives, Accelerators & Startups

mxGraph VS QuantConnect

Compare mxGraph VS QuantConnect and see what are their differences

mxGraph logo mxGraph

mxGraph is a fully client side JavaScript diagramming library - jgraph/mxgraph

QuantConnect logo 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.
  • mxGraph Landing page
    Landing page //
    2023-09-07
  • QuantConnect Landing page
    Landing page //
    2023-10-15

mxGraph features and specs

  • Open Source
    mxGraph is an open-source project, which allows developers to use, modify, and distribute the library freely.
  • Cross-Platform
    The library is designed to work seamlessly across multiple platforms (e.g., web browsers, desktop), providing flexibility in application deployment.
  • Rich Feature Set
    mxGraph provides a comprehensive set of features for building interactive diagramming applications, including support for drag-and-drop, undo/redo, zoom, and layout algorithms.
  • Lightweight
    Despite its rich feature set, mxGraph is relatively lightweight, which can yield better performance in terms of speed and resource usage.
  • Good Documentation
    mxGraph offers extensive documentation, making it easier for developers to understand and implement features in their projects.

Possible disadvantages of mxGraph

  • Steep Learning Curve
    Due to its extensive feature set and flexibility, mxGraph might have a steep learning curve for developers who are new to the library.
  • Limited Community Support
    Compared to more mainstream libraries, mxGraph may have a smaller community, potentially limiting the availability of community-based support and resources.
  • Legacy Codebase
    Some parts of mxGraph's codebase may be considered outdated, particularly as newer technologies and frameworks have emerged since its initial development.
  • Complex Customization
    While mxGraph offers powerful customization capabilities, achieving specific custom behaviors and styles can be complex without in-depth knowledge of the library.
  • Sparse Ecosystem
    As a specialized library, it may have fewer third-party plugins and extensions compared to more widely-adopted graph libraries.

QuantConnect features and specs

  • Comprehensive Data Access
    QuantConnect provides access to a wide range of financial data which is crucial for developing and testing trading algorithms. This includes equities, futures, FOREX, and cryptocurrencies, which allows users to backtest strategies with historical data.
  • Cloud-Based Development
    The platform is cloud-based, which means users can access their projects from anywhere and don't need to worry about the computational resources required for large backtesting tasks. This also facilitates easy collaboration.
  • Wide Language Support
    QuantConnect supports multiple programming languages including C#, Python, and F#. This allows developers to choose from different languages they are comfortable with while coding algorithms.
  • Lean Algorithm Framework
    The open-source Lean Algorithm Framework is at the core of QuantConnect, providing a robust and flexible foundation for algorithmic trading strategies which can be customized to meet specific needs.
  • Community and Collaboration
    QuantConnect has an active community where users can share ideas, collaborate on projects, and seek help from others which enhances learning and innovation.

Possible disadvantages of QuantConnect

  • Complexity for Beginners
    The platform may be overwhelming for beginners due to the vast array of features and the requirement for programming skills, which can be a steep learning curve for some users.
  • Pricing Structure
    While QuantConnect offers free access with certain limitations, advanced features and higher data allowances come at a cost. This pricing may be a barrier for casual or small-scale users.
  • Limited Asset Classes for Free Users
    Free users may face limitations in terms of the number of asset classes and data sources available, which could restrict the range of strategies they are able to develop and test.
  • Dependence on Internet Connection
    As a cloud-based platform, an active internet connection is required to develop and execute algorithms, which could be a problem for users with unreliable internet access.
  • Execution Latency
    Running algorithms on a cloud platform might introduce latency issues which can be a disadvantage if executing strategies that require ultra-low latency transaction speeds.

mxGraph videos

mxGraph Made Easy 3

QuantConnect videos

Difference between Quantopian Quantiacs Quantconnect

More videos:

  • Review - Step by Step Algorithmic Trading Guide with QuantConnect

Category Popularity

0-100% (relative to mxGraph and QuantConnect)
Javascript UI Libraries
100 100%
0% 0
Finance
0 0%
100% 100
Development
52 52%
48% 48
Tool
49 49%
51% 51

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare mxGraph and QuantConnect

mxGraph Reviews

20+ JavaScript libraries to draw your own diagrams (2022 edition)
mxGraph uses no third-party software, it requires no plugins and can be integrated into virtually any framework. The mxGraph package contains a client software, written in JavaScript, and a series of backends for various languages. The client software is a graph component with an optional application wrapper that is integrated into an existing web interface. The client...

QuantConnect Reviews

TradingView Alternatives For Budget Conscious Traders
QuantConnect is a quantitative trading platform where you can develop algorithms in Python. Itโ€™s gaining popularity for its collaborative environment and large data library that supports backtesting and live trading. QuantConnect is flexible and supports multiple asset classes so itโ€™s good for algorithmic traders.
Source: medium.com

Social recommendations and mentions

Based on our record, QuantConnect should be more popular than mxGraph. It has been mentiond 9 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.

mxGraph mentions (2)

  • Process Analytics - March 2022 News
    It is possible to use the new API to retrieve the bpmn-visualization and mxGraph versions used at runtime: getVersion(). - Source: dev.to / about 4 years ago
  • mxGraph usage in TypeScript projects
    This article is the first one of a series about mxGraph, the Javascript diagramming library. - Source: dev.to / about 5 years ago

QuantConnect mentions (9)

  • I'm a dev, we're in 2023, what should i start with ?
    I use https://quantconnect.com/ to backtest new algos and discover new algos. They support C# and python. Source: over 3 years ago
  • Where can I Learn OOP for trading in python? Iโ€™ve been looking for some information, but I didnโ€™t find anything, any help?
    Use quantconnect.com, their API forces you to use OOP there so it's a good practice. Source: almost 4 years ago
  • Backtesting tools
    For stocks and crypto: QuantConnect and Backtrader For options: MesoSim and OptionNetExplorer. Source: almost 4 years ago
  • what do you guys think about Joel Greenblatt and his magic formula of investing? backtests of his formula return on average above 20% per annum
    Only you can teach you how to do it. quantconnect.com has a lot of tutorials and other documentation that should be enough for you to learn from. I'm still learning the process of backtesting and I'm not aware of an "easy" way to perform this type of work. Source: about 4 years ago
  • What are some things you have automated, using python?
    Thanks for the pointer. quantconnect.com and interactive brokers. I have a little fantasy that I'll do this once I retire and hand over 1% of my nest egg to it; see how it does... Hand over some more, etc... Source: over 4 years ago
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What are some alternatives?

When comparing mxGraph and QuantConnect, you can also consider the following products

GoJS - GoJS is a JavaScript library for building interactive diagrams on HTML web pages. Build apps with flowcharts, org charts, BPMN, UML, modeling, and other visual graph types.

Quantopian - Your algorithmic investing platform

Paper.js - Open source vector graphics scripting framework that runs on top of the HTML5 Canvas.

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

jsPlumb - jsPlumb is an advanced, standards-compliant and easy to use JS library for building connectivity based applications, such as flowcharts, process flow diagrams, sequence diagrams, organisation charts, etc. More than just a diagram library.

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.