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I am not sure the management of orders via a single file will be a reliable solution. Issues are starting with having 2 programs accessing the same file.
The email or the DLL integration of NinjaTrader and TradeStation are interesting. TradeStation Integration
with unfortunately no direct application for MT4.
Can you help answer these questions from other members on NexusFi?
Could you or for that matter anyone else please also share Excel screenshot to achieve above result? I am particularly interested about how/what you gave name to particular cell in excel? Tutorials on Multicharts site are very short.