I am happy to see that there is still some interest in a Slip Indicator. I originally started this thread and after determining that nothing existed that I could just bolt on, I began prototyping an indicator that may work for me while riding my bike. My name for it was "Slipometer".
The prototype works as designed - BUT when I tried it out at Bonneville I found out that I was paying way too much attention looking where I was going than at the slip indicator. Then on one run my engine blew and I got busy rebuilding the bike and engine and the Slipometer has just been sitting in a box.
Here are a few features:
1. The Slipometer is merely just a counter that keeps track of two inputs - the front wheel and the rear wheel speed.
2. Input is via a stationary hall-effect sensor that counts passes of a rare-earth magnet as the wheel revolves.
3. The indicator has 15 sequenced LEDs that are green, yellow, red. You can program the LEDs to light up at a certain percent of slippage.
4. Display is a 16 x 2 LCD.
5. It has a crude menu system where parameters such as the slippage limit, KPH or MPH, wheel circumference, etc are set.
6. While running, the speed is displayed in MPH or KPH.
7. While running the RPM of each wheel is displayed.
8. At the last minute I added a feature that would close a switch and ground an input wire at a certain % of slip. This was to act as a sort of traction control in conjunction with my Dynatek piggyback ignition. Grounding a particular wire retards the ignition.
It was a fun and educational project. However for racing I don't know if it is practical. In a bike environment you are hunched over, can barely see out of your helmet, the displays are real close and out of focus (for me at least), and there is way too much concentration just to stay on course and upright. Something like this may be better suited to a car environment.
Here are some pics.