The mathematical techniques and models used in the forecasting of financial markets grow ever more sophisticated - as books, traders, analysts and investors seek to gain an edge on their competitors. This text focuses on the issue of non-linear modelling of high frequency financial data. Non-linearity refers to situations in which there is a high degree of apparent randomness to the way in which a particular financial measure, price, interest rate, or exchange rate moves with time.
The mathematical techniques and models used in the forecasting of financial markets grow ever more sophisticated - as books, traders, analysts and inv...