Some time ago I tried a technique to eliminate (severely reduce actually) noise in digital images through multiexposure: http://www.guillermoluijk.com/article/nonoise/index_en.htm
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I am going to write a program to do it automatically from the RAW files with expanded features, but another forum member (Joan Trujillo) has posted recently his method to perform the same operation in Photoshop. The application of his method is incredibly simple, conceptually robust and of course effective.
This is the link to his PS method: http://jtrujillo.net/qpix/![]()
I recommend you give it a try, it's a really good system to blend 2 images achieving noise reduction and dynamic range expansion. It would be a good idea if you post your experiences here.
This is a test I did with two pictures +4EV apart:
Adjust layers and original less exposed image saving highlights without any adjustment.
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Final image if 1 shot is used (left) vs Blending of the 2 shots (right):
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