Gravitational waves from coalescing binaries: a hierarchical signal detection strategy
The detection of gravitational waves from coalescing compact binaries would be a computationally intensive process if a single bank of template waveforms (i.e., a one step search) is used. We present, in this paper, an alternative method which is a hierarchical search strategy involving two template banks. We show that the computational power required by such a two step search, for an on-line detection of the one parameter family of Newtonian signals, is 1/8 of that required when an on-line one...