Abstract: Apparatus for developing a series of square-wave pulses from an alternating voltage that is generated in the pick-up coil of a variable reluctance sensor that is associated with a slotted wheel that is driven by the crankshaft of an internal combustion engine. The system has an adaptive control which comprises a peak detector, a capacitor and a voltage comparator. The capacitor is charged to a peak voltage that corresponds to the peak value fo the positive half-cycles of the alternating voltage. The comparator is connected to compare the peak voltage and a voltage that corresponds to the magnitude of the positive half-cycles. A diode is connected between the pick-up coil and the peak detector which prevents charging of the capacitor and accordingly prevents adaptive control until the voltage induced in the pick-up coil is high enough to cause the diode to conduct in the forward direction.