I agree and would think there should be more radio signals if the galaxy was filled with intelligent civilizations, (i.e. at or above our level of technology).
No, that's not so. It's not possible to distinguish a fully compressed signal from random noise as we are already widely using compression we may reasonably assume
all earthly signals will be compressed in the near future. Since compression has immediate technological benefits over uncompressed signals we can assume any advanced civilisation will use compression.
So the only radio signal we could possibly detect is one that is deliberately sent out for us to receive. How likely is that?