According to embodiments, systems and methods for generating reference signals are provided. A signal may be transformed using a continuous wavelet transform. Regions of interest may be selected from a transform or the resulting scalogram that may be used to generate a reference signal to use in filtering the signal or other signals. Cross-correlation techniques may be used to cancel noise components or isolate non-noise components from the signal. A physiological parameter may then be determined from the filtered signal or isolated components in the signal.
