diff --git a/Hotstring.ahk b/Hotstring.ahk
index e2c64ea..cf8c404 100644
--- a/Hotstring.ahk
+++ b/Hotstring.ahk
@@ -135,8 +135,8 @@ Hotstring(trigger, label, mode := 1, clearTrigger := 1, cond := ""){
 					toSend := v.label
 				
 					;Working out the backreferences
-					Loop, % local$.Count()
-						StringReplace, toSend,toSend,% "$" . A_Index,% local$.Value(A_index),All
+					Loop, % local$.Count()+1
+						StringReplace, toSend,toSend,% "$" . A_Index-1,% local$.Value(A_index-1),All
 					toSend := RegExReplace(toSend,"([!#\+\^\{\}])","{$1}") ;Escape modifiers
 					SendInput,%toSend%
 				}
@@ -164,4 +164,4 @@ Hotstring(trigger, label, mode := 1, clearTrigger := 1, cond := ""){
 	; This label is triggered every time a key is pressed.
 	Hotstring("", "", "CALLBACK")
 	return
-}
\ No newline at end of file
+}