[Purpose] Smartphones video cameras can be used to detect the photoplethysmograph (PPG) signal.The pulse wave signal detected by smartphone always mixed mass noise because of finger moving, unevenness of pressure and outer light interference. Previous studies limit to the filtering algorithm that denoising signals, without considering characteristics information of pulse wave itself. [Method] In this paper, we propose an algorithm based on wavelet to detect qualified PPG, which captures three critical characteristic quantities through wavelet high frequency coefficient. [Results] Experiment illustrates that the detected PPG signal contain dicrotic wave, and whats more, further experiment on artery elasticity indexes indicates good robust of the algorithm. [Conclusions] Wavelet Based Measurement on Photoplethysmography by Smartphone Imaging can be used for the calculation of cardiovascular parameter such as angiosclerosis, arrhythmia, and vascular resistance.