Ok I dug this out of the file and hope it shows you how I built it. It shows 3 gears that I bought off a Chinaman and the product was brilliant and cheap off Fleabay auction site. I welded the round pieces at right angles and use the single bolt as a pivot and a lock to hold the dial indicator onto the lead screw. I also made the marks on the top of the indicator and used a white marker pen. The theory was after I worked out which size gears I needed and I will post a copy of the info I found, I then put the indicator in the hole and used the grub screw to hold the gear on the end of the shaft. So far this has worked well for me to make some BSF threads using a 20mm lead screw.
THREAD CHASING DIAL INFO
I have 3 gears on the stem of my metric thread cutting dial and they are 28, 30 and 32 teeth. Those give you the prime numbers 2,3,5 & 7, which combined with a few different gears will give you all the metric thread pitches you will need. Not quite as straightforward as cutting TPI on an imperial lathe, but 95% of the world's machinists cope. I can take a photo of my thread chasing chart, ie dial teeth v pitch, if that will help.
So that means I would need a 20, 21 and 27 Tooth gear to get all the thread pitches my lathe allows for....
The screw-cutting thread indicator dial meshes with the leadscrew via a 30 tooth gear. To get the indicator dial to rotate once the carriage has to move 90mm (number of teeth x leadscrew pitch). Only those metric pitches that divide exactly into 90 will be able to use the dial when screw-cutting. Thus pitches of:-
0.5, 0.6, 1.0, 1.25, 1.5, 2.0, 2.5 and 3 will work, pitches of 0.7, 0.8 and 1.75 won′t work.
Replacing the 30 tooth gear with a 28 tooth gear would work for the missing pitches but not for all. With a 28 tooth gear the carriage has to move 84mm for a full turn of the indicator and 84 is divisible by 0.7, 0.8, and 1.75. So either change the gear, make an indicator that has both gears or just leave the leadscrew engaged and reverse the lathe.
I think on my leadscrew a 21 tooth gear on the dial indicator will get me the missing pitches. 21 * 3 = 63mm per full turn
For 0.45 pitch: 63 / 0.45 = 140.
For 0.7 pitch: 63 / 0.7 = 90.
For 1.75 pitch: 63 / 1.75 = 36.
Therefore a 21 tooth gear will give these pitches on a full turn and half turn. It will give the 1.75 and 0.45 on each quarter segment.
So I guess I need to source a 21 tooth gear.
With a 3mm pitch lead screw, you do not need a threading dial for the 1mm and 1.5mm threads. They will be synchronized at any place that you engage the half nuts. You literally can not get them wrong unless you remove and remount either the tool or the work.
I have not worked with a lathe with a metric screw, but I believe they usually have thread dials with some internal gearing. This is one of the things that proponents of the metric system do not talk about when they are bashing the English system which uses threads defined in threads PER inch and therefore has much simpler threading rules. I can attempt to give you some guidance for a simple dial that would work but may not be as convenient to use as the ones usually provided by the OEMs. The suggestions below assume a simple dial with the gear and the dial on the same shaft with no additional gearing between them.
The 1.25mm thread will synchronize at multiples of 5mm (1.25mm x 4 = 5mm) that are evenly divisible by 3mm. So you would need a gear that would allow you to travel one of those distances (15mm, 30mm, etc.) The obvious one seems to be 15mm and you would get that with a 5 tooth gear. That's too small. 10 teeth would give you a 30mm distance and that may be workable. If you have an even number of divisions on the dial face, you would be able to engage the half nuts on two of those lines that are 180 degrees apart as they would represent distances of 15mm.
Likewise the 1.75mm thread will synchronize at intervals of 7mm (1.75mm x 4 = 7mm) that are evenly divisible by 3mm. A 7 tooth gear would provide a 21mm distance (3 x 7mm) but I don't know if that would be practical. You may have to go to 14 teeth for a distance of 42mm. With 14 teeth for a distance of 42mm, if you have an even number of divisions on the dial face, you would be able to engage at two of them that are 180 degrees apart. So the same dial would work for both of the threads that you mention that actually need a threading dial.
You can work out other gears for additional thread pitches in a similar manner.
If you use these suggested gears you will have to wait a bit for the synchronization points. It may be faster to just leave the half nuts engaged and back up the spindle. That will work for all threads.
I would appreciate it if someone can check my logic and figures above.