TA is unlikely to produce alpha when used on its own, but it's certainly possible. However, combining TA with other indicators such as macroeconomic data, VIX f

TA is unlikely to produce alpha when used on its own, but it's certainly possible. However, combining TA with other indicators such as macroeconomic data, VIX futures curve, and tracking interest rates and Fed actions can lead to a consistently profitable model, as long as overfitting is kept in check and slippage is properly accounted for. It's much easier said than done. It took us years of 80 hour weeks to become consistently profitable at Grizzly Bulls, but the result is quite satisfying. Our top model, https://grizzlybulls.com/models/vix-ta-macro-mp-extreme https://grizzlybulls.com/models/vix-ta-macro-mp-extreme, has produced +17.92% returns since launch in January 2022, vs. -4.15% for the S&P 500 over that same time period. TA plays a role in timing swing trades / hedges once other indicators align.