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TradingView VS GNU Octave

Compare TradingView VS GNU Octave and see what are their differences

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TradingView logo TradingView

The best charting tool for crypto and stocks

GNU Octave logo GNU Octave

GNU Octave is a programming language for scientific computing.
  • TradingView Landing page
    Landing page //
    2023-05-25
  • GNU Octave Landing page
    Landing page //
    2022-08-07

TradingView features and specs

  • User-friendly Interface
    TradingView offers a clean and intuitive interface that is easy for both beginners and experienced traders to navigate.
  • Comprehensive Charting Tools
    The platform provides a wide range of charting tools, including indicators, drawing tools, and customizable chart types to conduct in-depth technical analysis.
  • Cloud-based Platform
    Being cloud-based, TradingView allows users to access their charts and settings from any device with internet access, ensuring flexibility and convenience.
  • Social Community
    TradingView has a strong community aspect where users can share ideas, analysis, and strategies, fostering a collaborative environment.
  • Data Coverage
    The platform supports data from a variety of global markets, including stocks, forex, cryptocurrencies, and commodities, providing broad market coverage.
  • Pine Script
    TradingView offers its own scripting language, Pine Script, which allows users to create custom indicators and strategies.

Possible disadvantages of TradingView

  • Subscription Cost
    While TradingView offers a free tier, advanced features and additional data require a subscription that may be costly for some users.
  • Limited Broker Integration
    The number of brokers integrated with TradingView for direct trading is limited, which may be a drawback for users whose preferred brokers are not supported.
  • Data Delays
    Free tier users may experience delays in data feeds, which can be critical during fast market movements.
  • Customization Restrictions
    Some advanced customization options for charts and tools are restricted to higher subscription levels.
  • Learning Curve for Pine Script
    Although powerful, Pine Script has a learning curve, which may be challenging for users who are not familiar with coding.

GNU Octave features and specs

  • Free and Open Source
    GNU Octave is completely free to use and distribute. Its source code is available for anyone to inspect, modify, and enhance, providing transparency and community-driven improvements.
  • MATLAB Compatibility
    Octave aims to be mostly compatible with MATLAB, meaning that many scripts and functions written for MATLAB can run in Octave with little or no modification.
  • Extensive Documentation
    Octave has comprehensive documentation, tutorials, and a vast array of user-contributed content, easing the learning curve for new users.
  • Flexible Integration
    Octave can interface with various programming languages such as C, C++, Fortran, and Python, making it versatile for different types of projects and workflows.
  • Powerful Plotting Capabilities
    Octave includes features for generating high-quality plots and visualizations, which are essential for data analysis and presentation.

Possible disadvantages of GNU Octave

  • Performance
    In some cases, Octave may be slower than MATLAB, especially for highly optimized or proprietary algorithms that MATLAB handles more efficiently.
  • GUI and Toolboxes
    While Octave offers a graphical user interface, it is not as polished as MATLAB's. Additionally, the range and quality of toolboxes available in Octave can be more limited compared to MATLAB's extensive and well-supported toolboxes.
  • Community Support
    Although there is a supportive community around Octave, the user base and available support resources are smaller compared to MATLAB's extensive network of forums, user groups, and customer support.
  • Learning Curve for Advanced Features
    While basic operations are straightforward, mastering advanced features and customizations in Octave can require a deeper understanding of its architecture and available functions.
  • Less Industry Adoption
    MATLAB is widely used in industry for research, engineering, and analytics. Octave, being an open-source alternative, lacks the same level of commercial adoption and institutional support, which can be a drawback in professional settings.

Analysis of GNU Octave

Overall verdict

  • GNU Octave is a robust and suitable option for numerical analysis and computational tasks, especially when budget constraints or a preference for open-source software come into play. It can proficiently handle various projects and provides substantial compatibility with MATLAB, which broadens its appeal to many users in academia and industry.

Why this product is good

  • GNU Octave is a high-level programming language primarily intended for numerical computations. It is highly compatible with MATLAB, making it an excellent choice for those with MATLAB experience who are seeking a free alternative. Octave is open-source, which means it is free to use and has a strong community that contributes to its development and support. It offers a wide range of functions and packages that are useful for mathematics, engineering, and scientific research, making it a powerful tool for algorithm development and data visualization.

Recommended for

  • Students learning numerical computing techniques.
  • Researchers in academia who need a cost-effective tool for data analysis.
  • MATLAB users looking for a compatible open-source alternative.
  • Engineers and scientists who require robust numerical computation capabilities.

TradingView videos

+ Add

TRADINGVIEW REVIEW

More videos:

  • Review - Why I Switched From MetaTrader to TradingView - TradingView Review
  • Review - My Trading Set-up | Thinkorswim and Tradingview

GNU Octave videos

+ Add

GNU Octave Ep. 1.5: What's different compared to MatLab!

Category Popularity

0-100% (relative to TradingView and GNU Octave)

TradingView

GNU Octave

Finance
100 100%
Finance
0% 0
Technical Computing
0 0%
Technical Computing
100% 100
Trading
100 100%
Trading
0% 0
Numerical Computation
0 0%
Numerical Computation
100% 100

User comments

Share your experience with using TradingView and GNU Octave. For example, how are they different and which one is better?
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Reviews

These are some of the external sources and on-site user reviews we've used to compare TradingView and GNU Octave

TradingView Reviews

  1. Guest
    Tradingview tool

    useful and professional

    🏁 Competitors: Dealerify.io, GoCharting
  2. Guest
    Tradingview

    Good tool

  3. Sandra
    Awsome

    All things work good here

    🏁 Competitors: Dealerify.io, GoCharting
TradingView Alternatives For Budget Conscious Traders
TradingView has changed their pricing and many users are not happy, especially those who use replay and multiple alerts. If you use the platform for charting, analysis and notifications and the shift from 5 alerts to 1 on the basic plan has been a big minus. If you’re looking for TradingView alternatives that offer these features without the cost, you’re not alone. Let’s...
Source: medium.com
Top 8 Forex Tester Alternatives in 2024
Overall, while TradingView is good for charting and casual testing, and it also has many other features for traders, besides backtesting. TradingView is good for traders who want to interact and trade in real-time but might not fit those looking for intense strategy testing like Forex Tester offers.
Source: forextester.com
Top 4 Stocks Research Tools in 2024
TradingView provides a charting platform equipped with market-analysis software designed to support your trading decisions. Additionally, it stands out as the leading social network for traders and investors on the internet, boasting over 50 million users.
Source: intellectia.ai
13 BEST TradingView Alternative for Equity, Crypto & Forex
TradingView is online stock-picking software and screener for both beginners and experienced active traders. It helps you combine various types of cloud-based charting tools for research. It provides users the ability to share and collaborate with other online traders. This online trade analysis software offers features like a stock screener, HTML5 charts, an extensive...
Source: www.guru99.com
We Have Tried These 6 Free TradingView Alternatives
The greatest website for traders is Tradingview because of its numerous distinctive features. This website has several features, such as sections for charts, member analyses, filtering, and more. You can access and view other people’s analyses on this website. To assist you in selecting the best option for your trading requirements, we have tried these six TradingView free...
Source: medium.com

GNU Octave Reviews

7 Best MATLAB alternatives for Linux
FreeMAT is a free and open-source software for numerical computation. It is used for rapid engineering, scientific prototyping, and data processing. It is similar to MATLAB and GNU Octave and supports its various functions.
Source: cyanogenmods.org
Matlab Alternatives
Scilab is an open-source similar to the implementation of Matlab. The approximation techniques known as Scientific Computing is used to solve numerical problems. To achieve this, the team of Scilab developers made use of Solvers and algorithms to build the algebraic libraries. Scilab is one of the major alternatives to Matlab along with GNU Octave.
Source: www.educba.com
10 Best MATLAB Alternatives [For Beginners and Professionals]
GNU Octave an open-source alternative to MATLAB. It is interactive and powerful featuring everything you need in one place.
Source: thetechtop10.com
4 open source alternatives to MATLAB
GNU Octave may be the best-known alternative to MATLAB. In active development for almost three decades, Octave runs on Linux, Windows, and Mac—and is packaged for most major distributions. If you're looking for a project that is as close to the actual MATLAB language as possible, Octave may be a good fit for you; it strives for exact compatibility, so many of your projects...
Source: opensource.com
3 Open Source Alternatives to MATLAB
GNU Octave may be the best-known alternatives to MATLAB. In active development for almost three decades, Octave runs on Windows, Mac, and Linux alike, and is packaged for most major distributions. If you're looking for a project that is as close to the actual MATLAB language as possible, Octave may be a good fit for you; it strives for exact compatibility, so many of your...
Source: www.openhealthnews.com

Social recommendations and mentions

Based on our record, TradingView seems to be a lot more popular than GNU Octave. While we know about 258 links to TradingView, we've tracked only 1 mention of GNU Octave. 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.

TradingView mentions (258)

  • Going from paper trading to real money. Best way to go about this?
    What is my best option here to move forward and play with $10 on tradingview.com. Source: almost 2 years ago
  • Daily Discussion Thread | July 11
    Maybe get on tradingview.com? Thats my favorite charting system outside of TOS. Its limited in the free version though. Source: almost 2 years ago
  • Big news for our BTC loyalists 📈
    According to data from TradingView.com, BTC has officially reached 50% market dominance for the first time in 2 years. Source: almost 2 years ago
  • We offer different account types with a lifetime warranty for uninterrupted access. Choose from streaming, sports, gaming, and trading.
    Netflix Premium with a 1-month warranty, HBO Max with a lifetime warranty, Molotov Tv Plus with a lifetime warranty, TradingView Pro with a lifetime warranty, NBA League Pass with a lifetime warranty, TradingView Pro Plus with a lifetime warranty, Molotov Tv Extended with a lifetime warranty, Netflix Premium with a 1-year warranty, NBA League Pass Premium with a lifetime warranty, tradingview.com Premium with a... Source: almost 2 years ago
  • What chart packages are being used now either intraday or EOD
    Assume its all web based now, tradingview.com has a lot for free. Source: about 2 years ago
View more

GNU Octave mentions (1)

  • everyday I get more certain that Algerian universities sucks...
    As for Matlab, I think you'll be just fine with using GNU Octave. Source: about 3 years ago

What are some alternatives?

When comparing TradingView and GNU Octave, you can also consider the following products

eToro - The social investment network that connects traders from around the globe and enables them to share...

MATLAB - A high-level language and interactive environment for numerical computation, visualization, and programming

MetaTrader5 - World-leading multi-asset platform that allows trading Forex, Stocks, Futures and CFDs.

Wolfram Mathematica - Mathematica has characterized the cutting edge in specialized processing—and gave the chief calculation environment to a large number of pioneers, instructors, understudies, and others around the globe.

Robinhood - Free stock trading service.

Scilab - Scilab Official Website. Enter your search in the box aboveAbout ScilabScilab is free and open source software for numerical . Thanks for downloading Scilab!

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