I am unsure about the species of your bonsai but I think it might be a ficus or Fukien tea.
As for why it is turning yellow, it could be a number of reasons:
Watering it everyday seems like a lot to me so make sure that it is not damp when you do water it.
It might also need a bit more light so try to introduce it slowly to a sunnier place outdoors. This needs to be done gradually or you will harm it even more.
It could also just be the shock of moving to a new place so as well as doing the things above, let it settle down and be patient.
To fertilise my bonsai I use Chrysal bonsai plant food and I highly recommend it. This might also help your bonsai regain health.
I hope this helps