Generally speaking, a Trans-Brake is a means of putting the transmission in Forward & Reverse simultaneously. This firmly holds the input shaft stationary, allowing for maximum stall speed and torque multiplication to be extracted from the converter.
It also has the rear suspension relaxed so that it can be shocked, hitting the tires hard like a stick car.
As for the 200-4R brakes out there, there are a few different types, each having their own installation requirements.