Backtest intrabar granularity: 1-tick or 1-range

[ckkoh_sgp]

Hi,

For optimal order execution of intra-bar granularity and performance in Backtest, which bar series is preferred? 1-tick or 1-range bar?

What is the pros and cons of using 1-tick bar compared to 1-range bar?


Thanks in advance.

[NinjaTrader_Bertrand]

I would suggest to go with the 1 tick, since that's finest resolution then available and used anyways if you build a range chart, as it's the same source data. For someone coming for example from longer minute timeframes, 1min might be enough as well to simulate the fills.

[koganam]

Hi,

For optimal order execution of intra-bar granularity and performance in Backtest, which bar series is preferred? 1-tick or 1-range bar?

What is the pros and cons of using 1-tick bar compared to 1-range bar?


Thanks in advance.

Use Range. Range guarantees that there has been price movement, and it is less resource intensive to boot.