QtOctave is an open source, cross-platform application for numerical computation. It is a graphical user interface (GUI) for the GNU Octave language, a high-level programming language designed for numerical computations. QtOctave allows users to run computations, create plots, and customize the graphical user interface. It provides a full suite of tools for creating and editing Octave scripts and working with data. It also supports integration with other popular software packages such as MATLAB and Python. QtOctave is freely available for Windows, MacOS, Linux, and other operating systems.
QTOctave is an add-on for octave. Therefore, it uses octave and, in fact, only works if octave is installed and running. So no - Octave is NOT an alternative to QTOctave although the two are related and reminiscent of each other.