Metering PRE fader!!!!! Steinberg c'mon!! we are in 2020!!!

True, other DAWs have pre-fader metering.

However, as a practical matter, VV is right. The only imaginable purpose of pre-fader metering is to answer the question: if I already have insert plugins on this track and if I add a new insert plugin to the end of the insert chain, what will be the input level to that insert? Almost any insert plugin for which this matters will already have an input meter, so there’s not really much point to pre-fader metering. In any case, the shortcoming of pre-fader metering is obvious: it only tells you what the level is at the end of the insert chain. If you want to insert the plugin earlier in the chain, it doesn’t tell you anything.

In any case, if you really want that information, it’s pretty simple to determine: if your fader is at 0, then there is no difference between pre and post fader metering. If your fader is at -10, then simply subtract 10 from the value shown on the meter.