Modifier support needed for "Scroll by" action

Many applications utilize cmd/alt+mouse wheel to engage some sort of feature within the program. I want to map alt+mouse wheel to a two finger Magic Mouse swipe. Unfortunately, I cannot do this because the "scroll by" action does not currently have the capability for affixing modifiers. Please add this feature!

Thanks,
Nakul

You could try it like this:

However not all apps might respond correctly, depending on how they listen to events.

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