In a capacitance type non-contact displacement and/or vibration measurement system of the type including a sensing head wherein a central sensing probe member having an exposed end defining a capacitor electrode for physical placement adjacent a conductive member coacting with the exposed end of said central sensing probe member as an opposed capacitor electrode to establish an electrical capacitance therebetween, the value of which is representative of the physical distance between the exposed end of said sensing probe member and the adjacent conducting member, and wherein a first electrically conductive guard ring is disposed in coaxial, electrically insulated relationship about said central sensing probe member and wherein an alternating current potential of substantially the same voltage value and frequency is applied to said central probe member and to said first guard ring, the improvement comprising:
- a. A second electrically conducting guard ring disposed in coaxial, electrically insulated relationship about said first guard ring;
- and
- b. Means applying an alternating current potential to said second guard ring having a value which is higher than the alternating current potential applied to said central probe member and said first guard ring.