Time series forecasting based on echo state network and empirical wavelet transformation

Ruobin Gao, Liang Du, Okan Duru, Kum Fai Yuen

Abstract: Highlights•A novel EWT–ESN is proposed for time series forecasting.•The EWT is developed to decompose the original time series.•A rapid predictive process has been developed with ESN structure.•Twelve datasets are used to validate the superiority of the proposed model.