can you please put this ratio adjusted summation index as part of the index lab, greatly appreciate it. thank you. this link explains it

https://www.mcoscillator.com/learning_center/kb/market_data/ratio_adjusted_summation_index/

You might have noticed that MS123 IndexDefinitions has not been receiving any updates for years. It's not just the lack of candidates for new IndexDefinitions. I won't go into the details but the good reason is preserving backward compatibility. :/

But the good news is that a workaround is possible. You can create such index yourself in a WealthScript Strategy in no time from available "building blocks". Assuming your DataSet is called "NYSE", first you have to build two indices in Index Builder tab. Select "Advancing Issues", choose the DataSet, 'Next', 'Finish', then repeat for "Declining Issues". Let's say they are named "%A_NYSE" and "%D_NYSE". And here's the Strategy code:

CODE:
Please log in to see this code.

Voila.

thank you