I would suggest eliminating the separate regulator and rectifier and procuring a more modern, integrated r/r unit (there's a list on my website to help your search for a new/used unit on eBay), and wire it in according to this diagram.

Eliminate the useless loop of wire to the handlebars and wire the three stator output wires directly to the r/r input wires as above. Have a look at the stator and r/r replacement and testing guides on my little website. They might help you.
Note: To further eliminate sources of corrosion and resistance, wire the ground (usually green) from the r/r directly to the battery negative. You can also wire the output of the r/r (usually red) directly to the battery positive through an inline 15 amp fuse. Also note that on a lot of modern r/r units there is a "sense" wire (usually black) that must be connected to a switched 12v source. This monitors the r/r output so that it doesn't produce too much voltage.
Thank you for your indulgence,
BassCliff





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