Has anyone experienced ETTR blowing out the highlights on night to day timelapses? Unfortunately I do not have the debug DNGs, but as the sun rose the ISO and shutter speed did not change for probably 25 shots which caused massive overblown highlights (like 75% overblown). There was plenty of time between shots for ETTR to evaluate, and I only had a highlight ignore of 0.5%. Even after it adjusted, it was still a bit overblown but not as bad. This was not in direct sunlight either.
Also just to help me understand, what exposure target does is knocks the histogram back to the left (darker) based on the setting? an exposure target of -0.5 will take the original ETTC calculation and move it 0.5 stops to the left and -1 will move it 1 stop to the left, etc?
What about the in the deflicker module, deflicker target level, how does that work? The wiki states "Desired exposure level for processed pics", and is recommended to leave at -4. I guess this means that my photos will be lowered 4 stops on the histogram with the XMP files.