Software Alternatives, Accelerators & Startups

TradingView VS Matplotlib

Compare TradingView VS Matplotlib 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.

TradingView logo TradingView

The best charting tool for crypto and stocks

Matplotlib logo Matplotlib

matplotlib is a python 2D plotting library which produces publication quality figures in a variety...
  • TradingView Landing page
    Landing page //
    2023-05-25
  • Matplotlib Landing page
    Landing page //
    2023-06-14

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.

Matplotlib features and specs

  • Versatility
    Matplotlib can generate a wide variety of plots, ranging from simple line plots to complex 3D plots. This versatility makes it a go-to library for many scientific and technical visualizations.
  • Customization
    It offers extensive customization options for virtually every element of a plot, including colors, labels, line styles, and more, allowing users to tailor plots to meet specific needs.
  • Integrations
    Matplotlib integrates well with other Python libraries such as NumPy, Pandas, and SciPy, making it easier to plot data directly from these sources.
  • Community and Documentation
    It has a large, active community and comprehensive documentation that includes tutorials, examples, and detailed references, which can help users solve problems and improve their plot-making skills.
  • Interactivity
    Matplotlib supports interactive plots, which can be embedded in Jupyter notebooks and GUIs, allowing for dynamic data exploration and presentation.
  • Publication-Quality
    The library is capable of producing high-quality, publication-ready graphics that meet the stringent requirements of academic journals and professional presentations.

Possible disadvantages of Matplotlib

  • Complexity
    While Matplotlib offers extensive customization, it can be complex and sometimes unintuitive for beginners, requiring a steep learning curve to master all its functionality.
  • Performance
    Rendering a large number of plots or handling very large datasets can be slow, making Matplotlib less suitable for real-time data visualization.
  • Modern Aesthetics
    Out-of-the-box plots from Matplotlib can look somewhat dated compared to those from newer plotting libraries like Seaborn or Plotly, requiring additional customization to achieve a modern look.
  • 3D Plots
    Although Matplotlib supports 3D plotting, its capabilities are relatively limited and less sophisticated compared to specialized 3D plotting libraries.
  • Size and Structure
    The package is relatively large and can be slow to import. Its extensive structure can make finding specific functions and understanding the overall architecture challenging.

Analysis of Matplotlib

Overall verdict

  • Yes, Matplotlib is a good library for data visualization, particularly for users who require a versatile and powerful plotting solution in Python.

Why this product is good

  • Matplotlib is highly regarded due to its extensive customization options, versatility in creating a wide range of static, animated, and interactive plots, and its large user community and support. It integrates well with other scientific libraries in Python, making it a staple for data visualization. The library is also open-source and frequently updated, ensuring it remains a reliable choice for users.

Recommended for

  • Data scientists and analysts needing to create detailed, customized visual representations of their data.
  • Researchers and engineers looking for a comprehensive plotting library that supports scientific and engineering formats.
  • Python developers who require integration with other scientific computing libraries like NumPy and Pandas.

TradingView videos

TRADINGVIEW REVIEW

More videos:

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

Matplotlib videos

Learn Matplotlib in 6 minutes | Matplotlib Python Tutorial

Category Popularity

0-100% (relative to TradingView and Matplotlib)
Finance
100 100%
0% 0
Data Science And Machine Learning
Trading
100 100%
0% 0
Technical Computing
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 TradingView and Matplotlib

TradingView Reviews

  1. Best graph ever

    Best but to expensive

    ๐Ÿ Competitors: CoinMarketCap
    ๐Ÿ‘ Pros:    Accurate|Professional
    ๐Ÿ‘Ž Cons:    Price
  2. Tradingview tool

    useful and professional

    ๐Ÿ Competitors: Dealerify.io, GoCharting
  3. Tradingview

    Good tool


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 youโ€™re looking for TradingView alternatives that offer these features without the cost, youโ€™re not alone. Letโ€™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 peopleโ€™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

Matplotlib Reviews

25 Python Frameworks to Master
Matplotlib is a widely used tool for data visualization in Python. It provides an object-oriented API for embedding plots into applications.
Source: kinsta.com
5 Best Python Libraries For Data Visualization in 2023
You can use this library for multiple purposes such as generating plots, bar charts, histograms, power spectra, stemplots, pie charts, and more. The best thing about Matplotlib is you just have to write a few lines of code and it handles the rest by itself. Metaplotilib focuses on static images for publication along with interactive figures using toolkits like Qt and GTK.
15 data science tools to consider using in 2021
Matplotlib is an open source Python plotting library that's used to read, import and visualize data in analytics applications. Data scientists and other users can create static, animated and interactive data visualizations with Matplotlib, using it in Python scripts, the Python and IPython shells, Jupyter Notebook, web application servers and various GUI toolkits.
Top Python Libraries For Image Processing In 2021
Matplotlib is primarily used for 2D visualizations such as scatter plots, bar graphs, histograms, and many more, but we can also use it for image processing. It is effective to get information out of an image. It doesnโ€™t support all file formats.
Top 8 Python Libraries for Data Visualization
Matplotlib is a data visualization library and 2-D plotting library of Python It was initially released in 2003 and it is the most popular and widely-used plotting library in the Python community. It comes with an interactive environment across multiple platforms. Matplotlib can be used in Python scripts, the Python and IPython shells, the Jupyter notebook, web application...

Social recommendations and mentions

Based on our record, TradingView should be more popular than Matplotlib. It has been mentiond 258 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.

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 3 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 3 years ago
  • Big news for our BTC loyalists ๐Ÿ“ˆ
    According to data from TradingView.com, BTC has officially reached 50% market dominance for the first time in 2 years. Source: about 3 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: about 3 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 3 years ago
View more

Matplotlib mentions (114)

  • The soul file
    In February, an AI agent named MJ Rathbun submitted a pull request to matplotlib โ€” the Python plotting library used by half the scientific computing world. Scott Shambaugh, a volunteer maintainer, rejected it. Standard code review. Nothing unusual. - Source: dev.to / 4 months ago
  • How to Analyze CSV Files with Python and Pandas
    Numbers are useful, but sometimes itโ€™s easier to spot patterns when you can actually see your data. Pandas works seamlessly with Matplotlib, a popular Python library for creating visualizations. Together, they make it easy to turn raw numbers into clear charts. - Source: dev.to / 7 months ago
  • libmalloc, jemalloc, tcmalloc, mimalloc - Exploring Different Memory Allocators
    We are storing the results in JSON files, which we combine, analyze and visualize using matplotlib in Python. Here's the structure of a benchmark result file:. - Source: dev.to / 7 months ago
  • Building an AI Scoring Agent: Step-By-Step
    NetworkX and Matplotlib were used to visualize the graph structure of the agent. - Source: dev.to / 8 months ago
  • Top 5 GitHub Repositories for Data Science in 2026
    The book introduces the core libraries essential for working with data in Python: particularly IPython, NumPy, Pandas, Matplotlib, Scikit-Learn, and related packages Familiarity with Python as a language is assumed; if you need a quick introduction to the language itself, see the free companion project, Aโ€ฆ. - Source: dev.to / 10 months ago
View more

What are some alternatives?

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

FinViz - Stock screener for investors and traders, financial visualizations.

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

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

NumPy - NumPy is the fundamental package for scientific computing with Python

Yahoo! Finance - At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.

Seaborn - Seaborn is a Python data visualization library that uses Matplotlib to make statistical graphics.