There are drawbacks to his system: the pin only does tool-rest tilt, NOT the actual ground angle
The point that the tool's edge hits the grinding wheel will change, and that alters the angle.
And to put it another way, the projection of the tip of the tool, beyond the grinding support, also affects the angle ground (as does the diameter of the wheel).
Best thing is to spend half an hour (in front of the telly - where I usually work this stuff out!) with pencil and paper, drawing diagrams, so you can see what affects what.
If the exact angle matters in practice, you probably need to make an angle protractor, so you can sight it with the tool bearing on the (stationary) wheel and adjust accordingly.
The Tormek-style angle guides (widely copied) that rest a flat on the tool, and a round bit on the wheel do work really well, but probably only work for wheel diameters larger than that on your fast grinder. You might calculate and make your own, but it's a bit of a faff and accuracy would be hard to achieve. I mean these things:
I've got one like the black one, but note that they don't adjust down to small grinding wheel diameters. I suppose you could shave a bit off the white quadrant and guesstimate it...