Based on the local support vector algorithm of chaotic time series analysis, the Hannan-Quinn information criterion and SAX symbolization are introduced. Then a novel prediction algorithm is proposed, which is successfully applied to the prediction of wireless network traffic. For the correct prediction problems of short-term flow with smaller data set size, the weakness of the algorithms during model construction is analyzed by study and comparison to LDK prediction algorithm. It is verified the Hannan-Quinn information principle can be used to calculate the number of neighbor points to replace pervious empirical method, which uses the number of neighbor points to acquire more accurate prediction model. Finally, actual flow data is applied to confirm the accuracy rate of the proposed algorithm LSDHQ. It is testified by our experiments that it also has higher performance in adaptability than that of LSDHQ algorithm.