Refer to the diagram below:
Let PQ be the variable chord, the tangent at whose extremities meet at T(h,k). Then, PQ is the chord of contact of the tangents drawn from T. As such the equation of PQ can be written as
ky = 2a(x+h) => ky - 2ax = 2ah ------------(1)
AP and AQ are the straight lines joining the points of itersection of the line (1) with the parabola y2 = 4ax. As such, we can obtain the equation representing AP and AQ by homogenizing the equation of the parabola using (1). So the combined equation of AP and AQ is
y2 = 4ax (ky - 2ax2ah)
which is same as
4ax2 - 2kxy + hy2 = 0
Since the angle between these pair of lines is tan-1 b, we get
tan(tan-1 b) = 2√k2 - 4ah4a+h
which gives, after simplification,
4(k2 - 4ah) = b2(h+4a)2
Since, this equation is satisfied by all positions of T(h,k), the locus of T becomes
4(y2 - 4ax) = b2(x+4a)2