Good day everybody!I was told to make up a model that will forecast equity volatility for different periods (1mth. 3 mth, 6 mth and 1 yr) using GARCH and Monte Carlo simulation. In fact what i have to do is to write the whole algorythm for our IT guys so that they will automate the whole process.The problem is that i'm not a matimatician but a trader and although i've read many topics on GARCH and even got the general idea if it I still can't understand what exact calculations should be done to get the result. So a big request to everybody: Will you please suggest any link, book, article, whatever that explains GARCH and MC as much in detail as possible. Not the forlmula itself, but the steps how to use that formula.Thanx in advanceFrom Russia with love.Sever.

Noh Engle and Kan (1994) "Forecasting Volatility and Options prices of the S&P 500 Index" will provide you tools to make volatility forecast from a GARCH model.