1. A method for processing a sequence of high dynamic range images, the method comprises the steps of: (A) reducing an original image to a decreased bit-depth image; (B) analytically computing a predicted image from said decreased bit-depth image; (C) magnifying said predicted image to an increased bit-depth image; (D) computing a residual image as the difference between said original image and said increased bit-depth image; (E) computing a transformed image by transforming said residual image into a frequency signal, wherein said frequency signal comprises a plurality of frequency components; (F) reducing the plurality of frequency components by filtering said frequency signal, in order to produce a reduced frequency signal; and (G) inserting high-frequency components into said reduced frequency signal.