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Tool Tools to set angle on compound fairly accurately?

Tool
Susquatch said:
It is VERY IMPORTANT that the two indicators be set perpendicular to the two axis of the lathe so that they measure the actual desired displacement.
Click to expand...
The method you’ve presented does seem the most straightforward overall.

PLUS- I’d almost certain I could use this to justify buying another tool so that I can set the indicator perpendicular to the ways (carriage).
 
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