GMDH Shell - Introduction

This blog is intended to support users of forecasting software - GMDH Shell and to explore the background of modeling methods implemented in GMDH Shell.
There are so many modeling techniques in the world that one may think nothing new can be suggested in this field, except a new combination of well known techniques. In the meanwhile, I agree with this point. But who can answerknows which what combination of those methods will solve my task most efficiently?
I think this question has no answer. Practically, people prefer to use an optimal solution instead of the most complex solution that tends to be the very best one. In particular, I have only one obligatory requirement to a modeling technique - a marginal simplicity that still produce desired accuracy. In this regard the Group Method of Data Handling implemented in GMDH Shell is a real gem. Stay tuned for further posts in this blog ...