Pine Script vs. Python vs. Racket vs. Rigor Monitoring & Optimization 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.

Racket is a general-purpose, multi-paradigm programming language that serves as a modern dialect of Lisp and a descendant of Scheme. It is designed as a platform for programming language design and implementation, enabling developers to create new domain-specific and general-purpose languages. Racket's core language includes features such as macros, modules, lexical closures, tail calls, delimited continuations, parameters (fluid variables), software contracts, green threads, and OS threads. The language also comes with primitives, such as event spaces and custodians, which control resource management and enable the language to act like an operating system for loading and managing other programs. Further extensions to the language are created with the powerful macro system, which, together with the module system and custom parsers, can control all aspects of a language. Most language constructs in Racket are implemented as macros in the base language.