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.
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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?