1.6el

Hey guys, so I've been gettin the cel "P1362 TDC sensor 1 no signal". It usually comes on shortly after starting even at idle, but if im lucky i'll get 10 minutes of driving in before it comes on. I can definitely notice a drop in power if it happens whilst driving. I looked around a few forums and people with the same code said their cars when into limp mode and couldnt drive faster than 30 or 50kmh, this isnt the case with me. Should i just replace the sensor anyways? Any help is much appreciated.