Telescope is a hybrid multi-step-ahead forecasting approach based on time series decomposition.
This package can be installed in R by using the following commands:
install.packages("devtools")
devtools::install_github("DescartesResearch/telescope")
For unknown reasons, install_gitub does not work under all Windows versions. Therefore the package can alternatively be installed in R with the following commands:
install.packages("remotes")
remotes::install_url(url="https://github.com/DescartesResearch/telescope/archive/master.zip", INSTALL_opt= "--no-multiarch")
library(telescope)
forecast <- telescope.forecast(taylor, horizon = 1000)
For more information on this forecasting method, please visit our homepage.