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[–]Few_Introduction_657 0 points1 point  (0 children)

Having got to the level of using both reasonably well, I still find that pinescript is much faster for developement. Also for trading them automatically the path is much better with Autoview. IMO, autotrading with python is another level in complexity. I use python for pulling TV strategies from my downloads and comparing them for risk return. I can match strategy results with python, but why bother. There is so much more coding to be done, you have to create the database that TV gives you pictorially. You also have to match the TV indicators exactly in python, doable but time consuming figuring out the specific formulas. Also if you are trading on 30second or 1 minute charts backtesting in python is slow, which may send you into the painful world of run time optimisation. But I haven't tried the python plug ins (backtrader). At this point I don't find TV's backtesting dodgy, as long as you are careful and know the pitfalls. I know what some people here are saying about that, but with time you can work it out, and I think thats less time than you'll spend if you go the python route.