New Members: Be sure to confirm your email address by clicking on the link that was sent to your email inbox. You will not be able to post messages until you click that link.
One more time please. For more than an hour now this scan has not recognized the weekly Fline as having turned down below last week's close. I have been watching it all morning and running the scan over and over but so far, it has not yet picked it up. My list 9 only contains NDX and SPX and both weekly Flines have been lower for most of the morning.
[Favorites list is 9] and [Weekly MACD Line(12,26,9) > 0.0] and [Weekly MACD Line(12,26,9) > Weekly MACD Signal(12,26,9)] and [Weekly MACD Line(12,26,9) < Last week's MACD Line(12,26,9)]
You could ask Support when (what time) is weekly data first updated in the scan engine database at the start of new week. Maybe don't send in your scan code - I'm guessing keep the question simple or it might go to the end of queue.
If it's still down then, and the scan picks it up, it would tell you that weekly data is updated (or rather, calculated) end of day for the scan engine.
If it doesn't pick it up, there may be some quirk with the scan.
As far as converting weekly data to daily: if the signals are close, it probably makes sense to do it. In my experience, indicator signals are very rarely precise anyway. And, rarely is there only one chance to get into a position in a timely way. But, I suppose it depends on your trading style and what you are trading, so you are the best judge of that.