Method and a system for controlling traffic congestion in a network

The present invention relates to a method for controlling traffic congestion in a network, the network comprising a plurality of nodes including a source node, intermediary nodes and a destination node. In one embodiment, this can be accomplished by collecting network topology information and various parameters from each nodes in the network, storing the collected information and parameters in a database, computing network statistics from at least one of the contemplated collected information thereby reflecting the probabilities of changing modulation at a specific state, computing optimal parameters of specific congestion mitigation mechanisms associated with the plurality of nodes and configuring each node's specific congestion mitigation mechanism, wherein for each mechanism the method calculates the optimal parameter configuration per node.