The majority of current radioisotope gauges utilize measurements of intensity for a chosen sampling time interval using a detector. Such an approach has several disadvantages: temporal resolution of the gauge is fixed and the accuracy of the measurements is not the same for different count rate. The solution can be the use of a stronger radioactive source, but it will be conflicted with ALARA (As Low As Reasonably Achievable) principle. Therefore, the article presents an alternative approach which is based on modified Lambert-Beer law. The basis of the approach is the registration of time intervals instead of the registration of counts. It allows to increase the temporal resolution of a gauge without the necessity of using a stronger radioactive source and the accuracy of the measurements will not depend on count rate.