Software Alternatives, Accelerators & Startups

QuantConnect VS GoJS

Compare QuantConnect VS GoJS and see what are their differences

Note: These products don't have any matching categories. If you think this is a mistake, please edit the details of one of the products and suggest appropriate categories.

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.

GoJS logo 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.
  • QuantConnect Landing page
    Landing page //
    2023-10-15
  • GoJS Landing page
    Landing page //
    2023-03-21

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.

GoJS features and specs

  • Rich Feature Set
    GoJS offers a comprehensive set of features designed for creating interactive diagrams, charts, and complex visualizations. This includes node and link modeling, custom styling, data binding, automatic layouts, and more.
  • Extensive Documentation
    The library is well-documented, providing developers with thorough guides, a detailed API reference, and numerous examples to assist in the implementation and troubleshooting of applications.
  • High Performance
    GoJS is optimized for performance, enabling the creation of responsive web applications that can handle a large number of nodes and complex interactions efficiently.
  • Flexibility and Customization
    GoJS offers great flexibility, allowing developers to customize the appearance and behavior of diagrams entirely, which makes it suitable for a wide range of use cases.
  • Active Support and Community
    The GoJS team provides active support to users through their forum and is responsive to issues and feature requests. This is complemented by a growing community of users sharing insights and solutions.

Possible disadvantages of GoJS

  • Commercial Licensing
    GoJS is a commercial product, and while it offers a free trial, a license is required for sustained use. This might be a constraint for projects with limited budgets.
  • Steep Learning Curve
    Due to its extensive capabilities and myriad of options, there can be a steep learning curve for developers new to GoJS to understand and effectively use all its features.
  • Complexity for Simple Diagrams
    While GoJS is powerful for complex diagrams, it might be considered overkill for simpler visualizations, where a lightweight library might suffice.
  • Browser Compatibility
    Although modern browsers are generally supported, there might be some compatibility issues or performance differences to manage when targeting older or less common browsers.
  • File Size
    The library's comprehensive feature set comes with a relatively large file size, which could impact loading times, particularly in environments with limited bandwidth.

Analysis of GoJS

Overall verdict

  • GoJS is considered a good choice for developers needing a versatile and feature-rich library for developing complex diagramming applications. Its performance, flexibility, and extensive support make it a reliable tool for both small and large-scale projects.

Why this product is good

  • GoJS is widely regarded as a powerful JavaScript and TypeScript library for building interactive diagrams and graphs. It offers a comprehensive set of features, including customizable templates, support for a variety of diagram types, and intuitive drag-and-drop functionality. The library is optimized for performance with large datasets and provides a robust API for creating complex visual representations. It also boasts thorough documentation and a range of examples to help developers get started quickly.

Recommended for

  • Developers working on data visualization apps
  • Teams creating interactive diagrams or flowcharts
  • Projects requiring complex and scalable diagram solutions
  • Organizations needing customizable and high-performance diagram libraries

QuantConnect videos

Difference between Quantopian Quantiacs Quantconnect

More videos:

  • Review - Step by Step Algorithmic Trading Guide with QuantConnect

GoJS videos

GoJS in 12 Minutes: JavaScript Diagramming Library Tutorial

More videos:

  • Tutorial - What's in a GoJS JavaScript Application? | GoJS Beginner Tutorial #1
  • Review - [GOJS] Design Patterns em Javascript

Category Popularity

0-100% (relative to QuantConnect and GoJS)
Finance
100 100%
0% 0
Javascript UI Libraries
0 0%
100% 100
Tool
45 45%
55% 55
Flowcharts
0 0%
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 QuantConnect and GoJS

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

GoJS Reviews

20+ JavaScript libraries to draw your own diagrams (2022 edition)
GoJS offers many advanced features for user interactivity such as drag-and-drop, copy-and-paste, transactional state and undo management, palettes, overviews, data-bound models, event handlers, and an extensible tool system for custom operations. They provide over 150 interactive samples to help you get started with diagrams such as BPMN, flowchart, state chart, visual...

Social recommendations and mentions

GoJS might be a bit more popular than QuantConnect. We know about 13 links to it since March 2021 and only 9 links to QuantConnect. 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.

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
View more

GoJS mentions (13)

  • Ask HN: What do you use to create diagrams?
    Well I make https://gojs.net, so I just use the GoJS diagramming library to make diagrams :D Of course, its made for developers trying to make applications, not end users. - Source: Hacker News / over 1 year ago
  • Ask HN: What is the best software to visualize a graph with a billion nodes?
    My library (https://gojs.net) can do that easily. Give it a look, and if you think the price is acceptable for your project, contact us and we can make you a proof-of-concept. - Source: Hacker News / almost 2 years ago
  • Your 14-Day Free Trial Ain't Gonna Cut It
    If you click on their username, it takes you to their profile. https://news.ycombinator.com/user?id=simonsarris. - Source: Hacker News / about 2 years ago
  • Burning money on paid ads for a dev tool โ€“ what we've learned
    Have spent six figures yearly on ads, mostly for reach for the developer-focused diagram library GoJS (https://gojs.net) > Each experiment will need ~$500 and 2 weeks I would add a zero if you want serious data. I would also double the timescale. $5,000 over 4 weeks I second the uselessness of Google Display, it might look like conversions numbers are good but they are 100% too good to be true. As soon as you look... - Source: Hacker News / almost 3 years ago
  • Any Ideas How to Create a Graph Builder UI in React?
    Used goJS in one project and konva in another. Source: over 3 years ago
View more

What are some alternatives?

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

Quantopian - Your algorithmic investing platform

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

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.

Konva - Konva is 2d Canvas JavaScript framework for drawings shapes, animations, node nesting, layering, filtering, event handling, drag and drop and much more.