Creating a Custom Index
To design a new index, click on the “Index->New” menu. Following dialog will appear:
Enter a name (maximum 45 characters) and an acronym (maximum 14 characters). Optionally you can add a description. Finally, select a directory where the price records of the index should be stored.
Afterwards, click on the "Index Components" tab. Here you can select all the stocks that you want to combine to an index.
To add components to the index click on the “Add securities” button. A dialog will appear where you can select a MetaStock directory. After you have done that following dialog will appear:
Tick off the securities you want to add to the index. Click on the “OK” button to close the dialog. The selected securities will appear in the “Index Components” window now. That's all what you need to do in order to create your custom index!