Hi:
My audio died, but watching the Pretty Moving Pictures, I infer this is some kind of electrostatic Field detector, measuring tiny changes in intensity by chopping techniques.
Excellent Idea, IMHO.
I recently ran across a reference to this method, and searched it out (that is my way of learning, I run-to-ground any New concept, and devour it whole.) The Mongoose clan, as related by Riki-Tiki-Tavi{sp?}, (their spokes-critter in the R. Kipling Jungle Book stories) had a motto or Mantra, that if you wanted to Know a Thing, go run-and-find-out... Sorry for that digression...
Anyhoo, it boils down to, you can recover minuscule signals from Overwhelming background interference through using chopping methods and synchronised demodulators: Also known as Lock-in Amplifiers... BINGO! Just fits your need.
They can cost tens of thousands for Lab-Grade units, but an Analog Devices, or other analog multiplier IC, a clock recovery PLL, (I'm assuming single channel, Manchester-encoded {Way old School} or otherwise data w/clocking transmission method) to recover synch, some active filter stages, and Very Little Else will deliver a nice, clean DC output of the signal desired. The S/N can scare you.
Just get a GOOD synch signal from the remote sensor, and use daWebz to find the other trivia, ask for detail help, if needed, and breadboard away!
It is a really simple concept, with Dozens of ways to get there, and YOU get to choose what fits your needs/personal-biases/wallet/whims or whatever.
There are many ways to Skin that Cat!

ETA: Look into Log Amps, to compress wide data ranges into a low-res DAQ.
Also consider Voltage-to-Frequency conversion for fidelity of transmission and logging.
Cheers,
Dave