Lua vs. Pine Script vs. Python vs. Valispace Comparison Chart

Pine Script® is TradingView’s programming language. It allows traders to create their own trading tools and run them on our servers. We designed Pine Script® as a lightweight, yet powerful, language for developing indicators and strategies that you can then backtest. Most of TradingView’s built-in indicators are written in Pine Script®, and our thriving community of Pine Script® programmers has published more than 100,000 community scripts. It’s our explicit goal to keep Pine Script® accessible and easy to understand for the broadest possible audience. Pine Script® is cloud-based and therefore different from client-side programming languages. While we likely won’t develop Pine Script® into a full-fledged language, we do constantly improve it and are always happy to consider requests for new features. Because each script uses computational resources in the cloud, we must impose limits in order to share these resources fairly among our users.

It enables Team Collaboration on all important aspects of the Engineering Lifecycle, such as: - Requirements Management - Data-Driven Functional Design - Product Architecture - Detailed Systems Design & Simulation - Automated Verification - Live Documentation It also allows for cross-lifecycle process improvements, such as: - Agile Engineering Planning - Technical Change Management In comparison to siloed Requirement Management Systems or Model Based Systems Engineering expert-tools, its data-driven architecture enables agile hardware development across departments with a digital thread along the engineering lifecycle. Valispace’s proprietary calculation engine propagates changes instantly to users, requirements, architecture, verifications and documentation. Therefore, its introduction into the engineering process reduces costs by significantly shortening development times, as well as by preventing design mistakes which usually lead to expensive rework.