I make the following codes to check the daily trend:

 

TimeFrameSet(inDaily);

            trend_major=MACD(12,26)>Signal(12,26,9);

TimeFrameRestore();

 

So, if it is 1 then the daily trend is up and if the trend_major is 0, then the daily trend is down. Usually I will refer the code in Hourly time frame. I think it works just fine with lower time frames. But, if I move to Weekly time frame, the value will change with the weekly bars, not daily bars.

 

Any idea? Or I cannot refer it from a higher time frame or some timeframe compress issue?

 

Thank you in advance.

 

Clement the new user

 

 



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