/diy/ - Do It Yourself

Half a brain cell here, im trying to fashion a dpad where an anolog stick once was. I need to have the four inputs correspond to the four extremes on the x and y and have no input return immediately the center. If I only wire the four extremes to the dpad contacts it takes a full 2 seconds for the signal to return to neutral. When I tried to wire it in parallel I found I would need a switch that's closed when not pressed, but I can't do that with contact points to keep the dpad intact. So I thought I could use an hex inverter.
I'm new to electrical stuff, would my circuit drawn below theoretically work?
If it does my next problem is where on the board to draw the voltage to the ic?
I know there are modders that can add led lights to various controllers so it should be possible but I have no idea how.