Software Alternatives, Accelerators & Startups

TradingView VS Plotly

Compare TradingView VS Plotly 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

Plotly logo Plotly

Low-Code Data Apps
  • TradingView Landing page
    Landing page //
    2023-05-25
  • Plotly Landing page
    Landing page //
    2023-07-31

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.

Plotly features and specs

  • Interactivity
    Plotly offers highly interactive plots that allow users to pan, zoom, and hover over data points for more information. This enhances the user experience and provides deeper insights.
  • High-quality visualizations
    It provides aesthetically pleasing and highly customizable charts, making it suitable for publication-quality visuals.
  • Versatility
    Plotly supports multiple chart types including line charts, scatter plots, bar charts, and 3D plots, making it suitable for a wide range of applications.
  • Python integration
    Plotly is well-integrated with Python and works seamlessly with other popular data science libraries like Pandas, NumPy, and Scikit-learn.
  • Web-based
    The plots can be easily embedded in web applications or dashboards, making it ideal for sharing insights over the internet.
  • Open-source
    Plotly offers an open-source version, which allows users to create and share visualizations without any cost.

Possible disadvantages of Plotly

  • Performance
    Rendering very large datasets can sometimes be slow, which may not be suitable for real-time data visualization requirements.
  • Learning curve
    Even though the library is well-documented, the extensive range of features can have a steep learning curve for beginners.
  • Cost for advanced features
    While the basic functionality is free, more advanced features, such as export to certain formats and additional customizable options, require a paid subscription.
  • Dependency management
    Plotly has a number of dependencies that need to be managed properly, which can sometimes complicate the setup process.
  • Complexity
    For simple visualizations, Plotly might be overkill and simpler libraries like Matplotlib or Seaborn could be more appropriate.

Analysis of Plotly

Overall verdict

  • Overall, Plotly is a strong choice for those looking to create dynamic and interactive data visualizations, thanks to its range of features and ease of integration with web technologies.

Why this product is good

  • Plotly is considered good because it offers a comprehensive suite of tools for creating interactive visualizations that can be used in web applications, reports, and dashboards. It supports many different types of plots, is easy to use for both beginners and experienced developers, and integrates well with popular programming languages like Python, R, and JavaScript.

Recommended for

    Plotly is recommended for data scientists, analysts, and developers who need to create interactive and visually appealing data visualizations. It's particularly useful for those who work with Python or R and want the ability to embed their visualizations in web applications or dashboards.

TradingView videos

TRADINGVIEW REVIEW

More videos:

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

Plotly videos

Create Real-time Chart with Javascript | Plotly.js Tutorial

More videos:

  • Review - Introducing plotly.py 3.0
  • Review - Is Plotly The Better Matplotlib?
  • Tutorial - Plotly Tutorial 2021
  • Review - Data Visualization as The First and Last Mile of Data Science Plotly Express and Dash | SciPy 2021

Category Popularity

0-100% (relative to TradingView and Plotly)
Finance
100 100%
0% 0
Data Visualization
0 0%
100% 100
Trading
100 100%
0% 0
Charting Libraries
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 Plotly

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

Plotly Reviews

Best 8 Redash Alternatives in 2023 [In Depth Guide]
Plotly is specifically designed for companies who want to build and deploy analytic applications like dashboards using Python, Julia, or R without needing DevOps or Javascript developers.
Source: www.datapad.io
5 Best Python Libraries For Data Visualization in 2023
Plotly is a web-based data visualization toolkit that comes with unique functionalities such as dendrograms, 3D charts, and also contour plots, which is not very common in other libraries. It has a great API offering scatter plots, line charts, bar charts, error bars, box plots, and other visualizations. Plotly can even be accessed from a Python Notebook.
Top 8 Python Libraries for Data Visualization
Plotly is a free open-source graphing library that can be used to form data visualizations. Plotly (plotly.py) is built on top of the Plotly JavaScript library (plotly.js) and can be used to create web-based data visualizations that can be displayed in Jupyter notebooks or web applications using Dash or saved as individual HTML files. Plotly provides more than 40 unique...
5 top picks for JavaScript chart libraries
Plotly is a graphing library thatโ€™s available for various runtime environments, including the browser. It supports many kinds of charts and graphs that we can configure with a variety of options.

Social recommendations and mentions

Based on our record, TradingView should be more popular than Plotly. 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: about 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: about 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

Plotly mentions (34)

  • How to Analyze 47 Million Hacker News Posts: A Data Scientist's Dream Dataset Just Got Better
    Let's dive into some practical examples. First, you'll need to set up your environment with the right tools. I recommend using pandas for data manipulation and plotly for visualization. - Source: dev.to / 5 months ago
  • Python for Data Visualization: Best Tools and Practices
    Plotly is perfect for interactive visualizations. You can create interactive charts and graphs that allow users to hover, click, and zoom in. Plotly is also great for web-based visuals, making it easy to share your findings online. - Source: dev.to / over 1 year ago
  • Generative AI Powered QnA & Visualization Chatbot
    Front End: A React application that leverages React-Chatbotify library to easily integrate a chatbot GUI. It also uses the Plotly library to display the charts/visualizations. The generative AI implementation and details are entirely abstracted from the front end. The front-end application depends on a single REST endpoint of the backend application. - Source: dev.to / over 1 year ago
  • Build a Stock Dashboard in less than 40 lines of Python code!๐Ÿค“
    In this tutorial, Mariya Sha will guide you through building a stock value dashboard using Taipy, Plotly, and a dataset from Kaggle. - Source: dev.to / over 1 year ago
  • Essential Deep Learning Checklist: Best Practices Unveiled
    How to Accomplish: Utilize visualization libraries like Matplotlib, Seaborn, or Plotly in Python to create histograms, scatter plots, and bar charts. For image data, use tools that visualize images alongside their labels to check for labeling accuracy. For structured data, correlation matrices and pair plots can be highly informative. - Source: dev.to / about 2 years ago
View more

What are some alternatives?

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

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

D3.js - D3.js is a JavaScript library for manipulating documents based on data. D3 helps you bring data to life using HTML, SVG, and CSS.

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

RAWGraphs - RAWGraphs is an open source app built with the goal of making the visualization of complex data...

TrendSpider - TrendSpider Automated Technical Analysis Software is Trading Software for Day and Swing Traders that can Automatically analyze Stocks, ETFs, Forex, FX and Crypto charts in real time using cloud-based AI and powerful algorithms.

Tableau - Tableau can help anyone see and understand their data. Connect to almost any database, drag and drop to create visualizations, and share with a click.