{"id":78076,"date":"2021-03-02T12:10:40","date_gmt":"2021-03-02T17:10:40","guid":{"rendered":"https:\/\/ibkrcampus.com\/?p=78076"},"modified":"2022-11-21T09:47:11","modified_gmt":"2022-11-21T14:47:11","slug":"object-oriented-programming-oop-in-python-part-i","status":"publish","type":"post","link":"https:\/\/www.interactivebrokers.com\/campus\/ibkr-quant-news\/object-oriented-programming-oop-in-python-part-i\/","title":{"rendered":"Object Oriented Programming (OOP) in Python – Part I"},"content":{"rendered":"\n

Python being a general-purpose programming language supports multiple programming paradigms, viz procedural, functional, and object-oriented programming (OOP). Each Pythoneer often uses a combination of these programming styles and usually has her preferred style of coding. As a Python programmer, you can write code in a style that you like.<\/p>\n\n\n\n

Considering the number of concepts that OOP encompasses and its popularity, it demands more than one article. However, I will limit the discussion to some of the most widely used object-oriented programming concepts here.<\/p>\n\n\n\n

Difference between Procedural programming and Functional programming<\/strong><\/h3>\n\n\n\n

Procedural programming is the one we learn when we start programming. In its simplest form, procedural programming takes the top-down approach of executing code. The code will be executed line by line sequentially in an order it has been written. That’s it, that’s procedural programming for you.<\/p>\n\n\n\n

If you learn by example, here it is:<\/p>\n\n\n\n

\t\nprint(‘First, this line will execute.’)
\nprint(‘Next, Python executes this line.’)
\nprint(‘Then, this line shows up.’)
\nprint(‘Finally, Python completes execution by printing this line.’)\n<\/p>\n\n\n\n

Below is the output:<\/p>\n\n\n\n

\t\nFirst, this line will execute.
\nNext, Python executes this line.
\nThen, this line shows up.
\nFinally, Python completes execution by printing this line.\n<\/p>\n\n\n\n

Instead of print<\/code> statements, we can have any code. No matter what code, Python will execute it. In case, the Python interpreter cannot execute the code, it will throw the appropriate error and will finish the execution abnormally. I can say it is a pretty easy programming style.<\/p>\n\n\n\n

Next comes the functional programming style. Here, we try to combine code lines into logical blocks that can be reused as and when required.<\/p>\n\n\n\n

Say you want to backtest a strategy and write a Python code for it.<\/p>\n\n\n\n

The steps to do so usually involves:<\/strong><\/p>\n\n\n\n