A low power vibration sensor and wireless transmitter system has one or more sensors that sense parameters of a machine including vibration and produces dynamic signals representing the sensed parameters. The system converts the signals to a digital format, digitally filters the signals, and processes the signals. A processor determines a plurality of levels, which represent the characteristics of the signal such as the peak value of a predetermined set of data points of the digital signal. Together, the levels comprise a PeakVue waveform. The processor determines the peak level value for the PeakVue waveform. Also, a true root-mean-square is calculated as the signal is received at the processor. The peak level and the RMS value are communicated wirelessly by a communication module to a control protocol network such as a daisy chain HART or Fieldbus protocol network. The system power supply and the communication module power supply are separate and allow for low power operation.