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NumPy VS Backtrader

Compare NumPy VS Backtrader and see what are their differences

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NumPy logo NumPy

NumPy is the fundamental package for scientific computing with Python

Backtrader logo Backtrader

Backtrader is a complete and advanced python framework that is used for backtesting and trading.
  • NumPy Landing page
    Landing page //
    2023-05-13
  • Backtrader Landing page
    Landing page //
    2021-09-30

NumPy features and specs

  • Performance
    NumPy operations are executed with highly optimized C and Fortran libraries, making them significantly faster than standard Python arithmetic operations, especially for large datasets.
  • Versatility
    NumPy supports a vast range of mathematical, logical, shape manipulation, sorting, selecting, I/O, and basic linear algebra operations, making it a versatile tool for scientific and numeric computing.
  • Ease of Use
    NumPy provides an intuitive, easy-to-understand syntax that extends Python's ability to handle arrays and matrices, lowering the barrier to performing complex scientific computations.
  • Community Support
    With a large and active community, NumPy offers extensive documentation, tutorials, and support for troubleshooting issues, as well as continuous updates and enhancements.
  • Integrations
    NumPy integrates seamlessly with other libraries in Python's scientific stack like SciPy, Matplotlib, and Pandas, facilitating a streamlined workflow for data science and analysis tasks.

Possible disadvantages of NumPy

  • Memory Consumption
    NumPy arrays can consume large amounts of memory, especially when working with very large datasets, which can become a limitation on systems with limited memory capacity.
  • Learning Curve
    For users new to scientific computing or coming from different programming backgrounds, understanding the intricacies of NumPy's operations and efficient usage can take time and effort.
  • Limited GPU Support
    NumPy primarily runs on the CPU and doesn't natively support GPU acceleration, which can be a disadvantage for extremely compute-intensive tasks that could benefit from parallel processing.
  • Dependency on Python
    Since NumPy is a Python library, it depends on the Python runtime environment. This can be a limitation in environments where Python is not the primary language or isn't supported.
  • Indexing Complexity
    Although NumPy's slicing and indexing capabilities are powerful, they can sometimes be complex or unintuitive, especially for multi-dimensional arrays, leading to potential errors and confusion.

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.

NumPy videos

+ Add

Learn NUMPY in 5 minutes - BEST Python Library!

More videos:

  • Review - Python for Data Analysis by Wes McKinney: Review | Learn python, numpy, pandas and jupyter notebooks
  • Review - Effective Computation in Physics: Review | Learn python, numpy, regular expressions, install python

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)

Category Popularity

0-100% (relative to NumPy and Backtrader)

NumPy

Backtrader

Data Science And Machine Learning
100 100%
Data Science And Machine Learning
0% 0
Finance
0 0%
Finance
100% 100
Data Science Tools
100 100%
Data Science Tools
0% 0
Development
0 0%
Development
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 NumPy and Backtrader

NumPy Reviews

25 Python Frameworks to Master
SciPy provides a collection of algorithms and functions built on top of the NumPy. It helps to perform common scientific and engineering tasks such as optimization, signal processing, integration, linear algebra, and more.
Source: kinsta.com
Top 8 Image-Processing Python Libraries Used in Machine Learning
Scipy is used for mathematical and scientific computations but can also perform multi-dimensional image processing using the submodule scipy.ndimage. It provides functions to operate on n-dimensional Numpy arrays and at the end of the day images are just that.
Source: neptune.ai
Top Python Libraries For Image Processing In 2021
Numpy It is an open-source python library that is used for numerical analysis. It contains a matrix and multi-dimensional arrays as data structures. But NumPy can also use for image processing tasks such as image cropping, manipulating pixels, and masking of pixel values.
Source: www.analyticsvidhya.com
4 open source alternatives to MATLAB
NumPy is the main package for scientific computing with Python (as its name suggests). It can process N-dimensional arrays, complex matrix transforms, linear algebra, Fourier transforms, and can act as a gateway for C and C++ integration. It's been used in the world of game and film visual effect development, and is the fundamental data-array structure for the SciPy Stack,...
Source: opensource.com

Backtrader Reviews

We have no reviews of Backtrader yet.
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Social recommendations and mentions

Based on our record, NumPy seems to be a lot more popular than Backtrader. While we know about 119 links to NumPy, 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.

NumPy mentions (119)

  • Building an AI-powered Financial Data Analyzer with NodeJS, Python, SvelteKit, and TailwindCSS - Part 0
    The AI Service will be built using aiohttp (asynchronous Python web server) and integrates PyTorch, Hugging Face Transformers, numpy, pandas, and scikit-learn for financial data analysis. - Source: dev.to / 3 months ago
  • F1 FollowLine + HSV filter + PID Controller
    This library provides functions for working in domain of linear algebra, fourier transform, matrices and arrays. - Source: dev.to / 8 months ago
  • Intro to Ray on GKE
    The Python Library components of Ray could be considered analogous to solutions like numpy, scipy, and pandas (which is most analogous to the Ray Data library specifically). As a framework and distributed computing solution, Ray could be used in place of a tool like Apache Spark or Python Dask. It’s also worthwhile to note that Ray Clusters can be used as a distributed computing solution within Kubernetes, as... - Source: dev.to / 8 months ago
  • Streamlit 101: The fundamentals of a Python data app
    It's compatible with a wide range of data libraries, including Pandas, NumPy, and Altair. Streamlit integrates with all the latest tools in generative AI, such as any LLM, vector database, or various AI frameworks like LangChain, LlamaIndex, or Weights & Biases. Streamlit’s chat elements make it especially easy to interact with AI so you can build chatbots that “talk to your data.”. - Source: dev.to / 9 months ago
  • A simple way to extract all detected objects from image and save them as separate images using YOLOv8.2 and OpenCV
    The OpenCV image is a regular NumPy array. You can see it shape:. - Source: dev.to / 9 months 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 NumPy and Backtrader, you can also consider the following products

Pandas - Pandas is an open source library providing high-performance, easy-to-use data structures and data analysis tools for the Python.

quantra - A public API for quantitative finance made with Quantlib

Scikit-learn - scikit-learn (formerly scikits.learn) is an open source machine learning library for the Python programming language.

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.

OpenCV - OpenCV is the world's biggest computer vision library

Quantopian - Your algorithmic investing platform

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