Uh. On all bikes throughout my entire life, both pedal- and motor-, I've just measured center-to-center on the link pins with a ruler, like it says in the manual. It's even easier on a bicycle than a motorcycle because you can just grab a pedal with one hand and make sure all the slack is taken up out of the chain. You don't even have to get your hands greasy.
For sprocket and/or chainring wear, my rule of thumb has just been once the teeth start looking like the water in Super Mario Bros. world 2-2, it's time for a new one.
That's gotten me across many hundreds of thousands of miles, no sweat. I fail to see how spending money on a specialized (and apparently shitty) tool to make this more complicated on yourself is a better way to live your life vs. spending that money instead on tires/oil/honey waffles/whatever it is you're into.