You can buy a threadcutting gauge for Acme thread that is the correct 29-degree angle for standard worm threads. Makes it easier to grind the tool to fit one of the notches in the gauge. It is a two-sided notch, so more useful than the one-sided notch on a standard threadcutting gauge that has BS, UN and Acme all in one gauge. I bought mine off the net.
That will get your angle right. Your exact tip width you'll probably need to measure with a micrometer, feeling just when the tip of the tool clicks into the gap between the pre-set mike anvils.
As said already, make sure the leading flank of the tool has the extra clearance ground on to clear the thread's helix angle. Finsih the tool grinding by rubbing it on a bench oil stone to get final fit and finish.
If you want to make a nicer job of it, grind some side rake on the top surface of the tool bit, angled back from the leading edge of the toolbit. Then set the topslide to 14 degrees and use this for your infeed. The cutting is then done almost all on the leading edge of the tool and the trailing edge just cleans up its surface a tad.
Alternatively, instead of angling the top slide, you can use the dodge of leaving the topslide in the normal position parallel with the lathe main axis. Then, for whatever depth of cut you take on the cross slide, advance the topslide by one quarter of that amount. EG, if taking a 1mm deep cut, advance the topslide 0.25mm. This move the toolbit position as close as dammit to a 14 degree path. This is my preferred way of doing it.
Why silver steel? HSS will work much better for you. It stands up to the forces of Acme/worm thread cutting without losing the edge so much better.