Hi Bruter ,
   The most simple way to use TSL would be with a very high value (in the high teens to mid twenties) to get out of a flash crash; again this carries a lot of risk because since the bot will shut off you could be out of luck if the price recovers before you have a chance to reset it.

TSL can be used as a stop loss feature directly with lower values if you set very high threshold values (that aren't likely to be crossed).

Again, it's a feature who's use we as a company do not advocate (as expressed in the user manual); there are models where it useful but you would have to be monitoring the bot constantly which defeats the purpose of having a bot.

I hope that answers your question, please let me know if you need anything at all .

Pablo.