That style of tool holder with the built in rake is really meant for lathe use…the ones meant for a shaper usually have the HSS tool bit set parallel to the shank. Don't let this bother you too much, they will work fine but are more likely to chatter and pull into the job than the "proper" shaper ones. This has not stopped me doing a lot of good work with a set of three Jones and Shipman ones that came with my Alba 1A. (Left, right, and straight.) But if you happen to see a shaper one going somewhere grab it.
The other trick would have been to open out the tool post slightly. I have done that on one of mine.
There are some pictures of some shaper tools in my album here:
Not counting the car keys which are just for scale. None of these are the shaper equivalent of the one you have, although I do have one somewhere. The two big ones on the right are quite good, except that you can't use short pieces of HSS in them.You can make one of this type from an old steel bicycle crank. But you can adjust the angle of the tool bit for doing corners.
John