Yup, the lower the ISO, the best the results IMO.[...]Example: using a 4x ND filter, let's imagine you're shooting at ISO 100.
...this I do not understand.By setting the ISO at 400, you can still get a decent shutter speed
and avoid under-exposure when you reach nightfall, while being able
to avoid overexposure when the sun reaches the zenith, since your
camera can go to 1/4000th of a second (you'll probably have to use a
ND x8 filter anyway, though).
Using an ND filter is more or less the same as lowering ISO.
So.
ISO 400 and an x8 filter is the same as
ISO 50 and no filter or
ISO 100 and a x2 filter (a polarizer, for example)
"same" meaning, that identical f/# and identical shutter speed will
create the same exposure.
It of course depends on how the noise is distributed between
exposure/shot noise and read noise, which combination is better. But
generally, the rpeference would be to stay with base ISO.
Right?
The ND filter will only help you get slower shutter speeds, which reduces the risks of "blimps" appearing in the time-lapse film... And that's why I almost always use ND filters (except at night) for my time-lapse shootings.
Judging on experience, I can say that it's difficult to achieve good-looking time-lapse photo without using a ND filter in the first place (or at least a x2 polarizer), even when shooting at ISO 100. To achieve the best in time-lapse photography generally means to get a shutter speed slow enough to prevent "blimps" (subjects that jump from one place to another), usually 1/15th of a second or slower.
I should've mentioned that I usually shoot with at ISO 100 with a ND x8 filter in the first place, but sometimes use ISO 400 (with the same ND x8 filter) for extended shootings going from daylight to night time, to prevent the under-exposure problems mentioned earlier.
So my comparaison was between shots made at ISO 400 vs. ISO 100 while using the same ND filter (or none if you prefer), not different ND values.
You could always use ISO 100 with a ND x2 filter instead of ISO 400 with a ND x8 filter. Both result in ISO 50... It just happens that I generally use strong ND filters (x8 or more) to reduce the shutter speed below 1/15th of a second, and I used this ND x8 filter in my example. I shouldn't have been this specific.
My bad... again! Sorry about that.
Ultimately, you'll have to choose between a time-lapse shooting ending before it gets too dark because of a too slow shutter speed (like with ISO 100) or a longer time-lapse shooting that has some "blimps" in it because of higher (daytime) shutter speed (like with ISO 400).
So you either can get the butter or the bread, but getting both and a toast is very difficult and pretty much depends on the weather: cloudy days are most welcome for time-lapse photo, especially those dark autumn stormy days!
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Once you've mastered the technique and the equipment, you can concentrate on
the more important aspects of photography: originality, atmosphere, emotion
and — ultimately — soul.
— Jeff