I see it like this: - [![enter image description here][1]][1] Or you could make an argument that the bandwidth is \$\dfrac{\text{shorted time period}}{2}\$ In other words, if you do not calculate the time difference for every occurance of a start/stop situation, the values will have the possibility of being aliased. Hence it is the frequency of your stop (or start) signal that determines your bandwidth. [1]: https://i.sstatic.net/nipLw.png