For what my advice is worth, DON'T grind on the lathe. Keep abrasives away from it.
An ACME thread needs the sides of the tool to be ground at 14.5 degrees to each side, with a clearance. The radius produced will provide that clearance. So why not make up a simple jig, and as already suggested grind on the face of a normal Bench Grinder?
The simpler things are, the less there is to go / get wrong.
If you are determined to make life complicated, make a cutter grinder,.
Then you can grind almost anything to almost any angle.
But that is another project!
Howard
Edited By Howard Lewis on 31/08/2019 11:42:31