I edited my reply #12 above, to clarify how the circuit works. This should help you identify what isn't working on the your system.
You must always leave the yellow and pink connected to the rectifier.
If you disconnect the yellow wire to/at the regulator, the alternator should raise the voltage to the battery (with RPM) Manually disconintue if it goes above 15V.
When you turn on the Headlight, adding both more load and more alternator capability, the battery voltage should still rise with RPM.
The regulator should "load balance" the alternator when it *sees" the rectifier voltage going beyond 14.5v certainly, and maybe even down to 13.8v, but no lower (assuming the alternator is capable of providing both system load and battery recharge with some excess generation.
That's what I would expect, anyway. Describe how your circuit behavior deviates from the above description. Or, you could just keep throwing parts at it.
Cheers,