DALE… ! Flag Scan ! Steve Palmquist ! ! Additional Trading tips and Techniques may ! be found at: www.daisydogger.com ! This scan featured in the August 2004 Opening Bell ! Look for Stocks above $5 & Daily Volume > 200,000. ma50 is SimpleAvg([close],50). PVFilter if [close]>5 and [Volume ESA]>2000. ! Look for Narrow Bases High3Day is HiVal([high],3). Low3Day is LoVal([low],3). NarrowBase if ( High3Day - Low3Day ) < 0.025 * High3Day. ! Look for 4% up move in 5 days UpMove if val([high],5) < 0.96 * High3Day. ! Bull Flag if narrow base after a quick 4% up move UpandBase if UpMove and NarrowBase and PVFilter and [close] > ma50. ! look for a quick 4% down move DownMove if val([low],5) > 1.04 * High3Day. ! Bear Flag if narrow base after a quick 4% down move DownandBase if DownMove and NarrowBase and PVFilter and [close] < ma50.  Rule Library˙˙ CCodeView DownandBase˙˙ CReportViewĐSymbolŔ< UpandBase€ĐSymbolŔ<AEPBPCVXRDTOTUAGXOMo˙˙CBackTestPropertyVolumeDistribA5ZP  Pattern Scans VolumeDistribASPX_€ VolumeAccAExit1=PZ Pattern Scans VolumeAccASPXP€Lesson-PP  Pattern Scans LessonSPXPAIQEDS€New200<PUŹPattern Scans New200SPXP€ New200Timing=PU  Pattern Scans New200TimingSPXP€ AccumOver50PP Pattern Scans AccumOver50SPXP