Achieve faster Backtesting?

[Sam Wilson]

If I'm using the strategy tester to backtest a strategy that operates on the daily timeframe, is there much point in running the test using tick data rather than control points or 1m OHLC?

[Enrique Dangeroux]

Always use tick data. Daily OHLC is only 4 datapoints. So where is your SL/TP in between those?

For fast backtest, optimize your code. If all done, there is nothing to squeeze, all is left is to filter ticks from the tick data. This can only be done if the strategy allows for filtering.

[Fernando Morales]

Sam Wilson:

If I'm using the strategy tester to backtest a strategy that operates on the daily timeframe, is there much point in running the test using tick data rather than control points or 1m OHLC?

That is what I sometimes do for backtesting with metatrater, using M1 when the strategy works on H1 or higher TFs.

However, I prefer to design a strategy that only works at new bar, even for SL/TP evaluation. It runs faster using M15 instead of M1.