Trailing Lockout

I was thinking it would be awesome to set a trailing lockout feature to allow individuals to continue trading while in profit but lock them out after giving back x amount to keep them from turning a green day red but still allowing to maximize potential profit in a trading day. Thoughts?

This does exist, at least for a personal Tradovate account. Look in your Risk settings:

If you are using a prop account, the firms manage this for you and you can’t override it as far as I know.