According to embodiment, systems and methods for processing a physiological measurement and generating alarms based on the measurement are provided. Multiple features of a single physiological measurement may be concurrently monitored to generate alarms. One or more of the features may be based on a trend of the physiological measurement. One or more of the features may be based on a wavelet transform of the physiological measurement. Different features may be used in different combinations to lower the percentage of false alarms while still recognizing valid alarm events.