In this article we propose a novel nonstationary iterated Tikhonov (NIT) type method for obtaining stable approximate solutions to ill-posed operator equations modeled by linear operators acting between Hilbert spaces. Geometrical properties of the problem are used to derive a new strategy for choosing the sequence of regularization parameters (Lagrange multipliers) for the NIT iteration. Convergence analysis for this new method is provided. Numerical experiments are presented for two distinct applications: I) A 2D elliptic param- eter identification problem (Inverse Potential Problem); II) An image deblurring problem. The results obtained validate the efficiency of our method compared with standard im- plementations of the NIT method (where a geometrical choice is typically used for the sequence of Lagrange multipliers).