Lowest setting on my cordless Dewalt wouldn't even tighten them to the required torque so no harm done.
Providing the torque wrench moves the bolts a meaningful amount that's fine - but being a regular changer means nothing. Head down to your local Kwikfit and you can watch them fasten on wheels with their impact wrenches all day every day before a supervisor will helpfully check them with his torque wrench despite the bolts being on way to tight already. My employer's fleet department dropped them as a supplier for cracking alloys by tightening the wheelbolts up too tight!
Bought this exact same one last year for £18.75 off Amazon. You've been sold a saving off a false RRP. Sorry but cold.
Lowest setting just to put them on....then 1/2 turn with the torque wrench just nips them up nicely,I'm a regular wheel changer lol,do a few dozen mots a year.
If you use an impact wrench you probably overtighten the bolts before you ever get near them with the torque wrench.