I put together some structure for those looking for more insight into trailing stops.  This logic can surely be converted to the framework structure, but the code presented applies the the trailingstop logic at each time slice.  It can differentiate between long and short positions and applies/updates the stop accordingly.  It tracks order IDs and has a built in time buffer to stagger new trades should the user wish to do so.  If anyone takes the time to convert it into the alpha framework please post the code here as I and I'm sure others would benefit as well. I also copied some more advanced universe selection methodolgy from the forums for new quants looking into the nuances of QuantConnect.