Python For Trading – An Introduction – Part II

See Part I for an overview.

Popularity of Python over the years

Python on the TIOBE Index

TIOBE ratings are calculated by counting hits of the most popular search engines. Twenty-five search engines are used to calculate the TIOBE index. The TIOBE Programming Community index is an indicator of the popularity of programming languages. The index started in the year 2001 and is updated once a month.^[1]

According to the TIOBE Index:

Python has gained 2.2 million developers over the past year

Growth of Python over the years

Python versus all programming languages over the years

The TIOBE Index also ranks Python in the top spot for the fourth time!

Python is the TOP Programming Language of 2020

Python on the PYPL Index

The PopularitY of Programming Language aka PYPY Index is created by analyzing how often language tutorials are searched on Google. The PYPL Index is updated once a month.^[2]

According to PYPL:

• Worldwide, Python is the most popular language
• Python grew the most in the last 5 years (16.6%)
• Python is the top language in five countries (US, India, Germany, United Kingdom, France)

Python holds the #1 position on the PYPI Index

Python on Stackoverflow

Stackoverflow stated that:

“If we look at technologies that developers report that they do not use but want to learn, Python takes the top spot for the fourth year in a row.”

Learning Python in in greater demand

Python on Github

Github’s 2020 report states that Python ranks #2 in its list of The languages that dominated – Top languages over the years

Python has emerged to be almost at the apex of programming languages

Stay tuned for the next installment in which Viraj Bhagat will discuss the benefits and drawbacks of Python in Algorithmic Trading.

Visit QuantInsti to learn more about Python https://blog.quantinsti.com/python-trading/.