For now I'm not able to see any expanding behavior (amplifying) of my signal. When I set the (expanded mode) threshold on its lowest (or highest) setting (so work all the time) i would expect (or hoped) that more ratio would perform an upward compression. My goal is to mimic the waves m2v (low level) compressor. Also, the inverse button seems not to inverse the compressor (Amplify) & threshold behaviour (act below the threshold).
Does Mturbocomp "expansion” means downward expansion?: when a signal drops below a set threshold, the downward expander pulls it even farther down toward the noise floor. Like a conventional noise-gate, if so .. how do I enable upward expansion?
The basic concept: Low-level compression causes quieter aspects of a signal to be amplified whenever they fall below a set threshold. Opposite to a typical compressor, a low-level compressor works by amplifying the nuanced details of a track or instrument, not by attenuating the loudest parts of a signal and use makeup gain.
From the Waves MV2 Manual – a depiction of the MV2’s low-level compression.

The best way to understand a low-level compressor is to picture it being used on an individual instrument, like a snare. A typical compressor would attenuate or turn down the transient of the snare whenever it becomes louder than a specific threshold. A low-level compressor can also turn down this transient, but it will also amplify everything quieter than the transient until that transient occurs again.
So my preset in Mturbocomp needs two thresholds, detectors and processors:
Low compression: amplify the signal below a threshold point (not able to realize this)
High compression: attenuation above another threshold point (working)
Any tips here?
