Stock Chart Analysis with GPT4o Omni (Python Tutorial)

Summary

The video script discusses the release of Open AI's new model, GP40, which excels in vision and audio understanding. The creator tests its vision capabilities by integrating it with a Python program for stock analysis, allowing GP40 to perform technical analysis on stock charts through screenshots. The script details the process in Python, showcasing GP40's ability to analyze and describe price action, support/resistance levels, and indicators in real-time. The video also hints at the broader implications of such advanced AI integration, suggesting a future where manual technical analysis might become obsolete.

Takeaways

• 🚀 OpenAI has released a new model called GP4, with 'O' standing for Omni, which can handle text, audio, and image inputs and outputs.
• 🔍 GP4 is particularly enhanced in vision and audio understanding, offering improved capabilities over previous models.
• 📚 The speaker suggests watching all demos to see the model's capabilities but focuses on quickly testing its audio or vision features.
• 💻 The speaker tests the vision functionality of GP4 by integrating it with a Python program that interacts with the Interactive Brokers TWS API for stock data.
• 📈 The program can pull up popular stock charts and perform technical analysis on them by analyzing screenshots of the charts.
• 📸 The speaker demonstrates how to take a screenshot of a stock chart and have GP4 provide a markdown description of the chart's analysis.
• 🛠️ The Python code for integrating GP4 with the stock analysis program involves using the 'take screenshot' function and adding an 'analyze chart' function.
• 🔑 To use GP4, an OpenAI key is required, and the user must specify the organization ID for billing purposes.
• 🖼️ The image for analysis needs to be base64 encoded before being passed to the GP4 model for analysis.
• 📝 The analysis results from GP4 are returned as text, which can be printed on the screen and saved to a markdown file.
• 🔮 The speaker also tests GP4's ability to analyze more complex visuals like heat maps and describes its potential integration into desktop applications for real-time analysis.

Q & A

What is the new model released by Open AI called?

The new model released by Open AI is called GP4, where 'O' stands for Omni.

What capabilities does the GP4 model have?

The GP4 model can input text, audio, and images, and generate audio, text, and image outputs in return. It is especially better at vision and audio understanding compared to existing models.

What was the purpose of the video posted by the speaker?

The purpose of the video was to test the vision capabilities of GP4 by analyzing stock charts and integrating an AI feature into a desktop app created by the speaker.

How does the speaker's Python program interact with the stock market?

The speaker's Python program interacts with the Interactive Brokers TWS API to pull data on stocks, display charts, and scan for the most popular stocks of the day.

What feature did the speaker add to their desktop app in a previous video?

In a previous video, the speaker added a screenshot functionality to their desktop app, allowing them to capture and analyze stock charts.

How does the GP4 model provide technical analysis of a chart?

The GP4 model provides technical analysis by analyzing a Base64 encoded image of the chart and returning a markdown description of the chart's analysis.

What is required to call the GP4 model for image analysis in Python code?

To call the GP4 model for image analysis, one needs to pass the model name, the path to the image, and a user role with a specific message requesting the analysis.

How is the image of the chart encoded before being analyzed by GP4?

The image of the chart is Base64 encoded before being passed as part of the message to the GP4 model for analysis.

What additional feature did the speaker add to their app for chart analysis?

The speaker added the ability to draw trend lines on the charts and have GP4 analyze the drawings in real time.

How does the GP4 model's analysis compare to previous models?

The GP4 model's analysis is far superior in quality compared to previous models, providing more detailed and sophisticated insights into the charts.

What implications does the speaker foresee for technical analysts with the advancement of AI like GP4?

The speaker suggests that technical analysts might become obsolete as AI models like GP4 can perform complex analysis tasks with high accuracy and speed.

What other types of visualizations did the speaker test with GP4?

The speaker tested GP4 with a heat map for sector analysis, demonstrating the model's ability to interpret and describe complex charts with multiple symbols and details.

What future developments does the speaker anticipate with the integration of AI like GP4 into desktop applications?

The speaker anticipates that AI integration will lead to real-time analysis and monitoring of user activities on their computers, potentially making current programming and analysis methods obsolete.