It's not the ammeter sending the surges through the system, but the alternator. Actually, however, the problem should be less with a one-wire alternator, as the voltage-regulator is reading the charge off the charging wire internally in the case, so you don't get the "superhet" effect you get with the feedback through the yellow wire and the sensing lead.
Bypass your ammeter, and check the condition of the red charging wire and the yellow wire. The surges in the alternator output are either caused by a sudden fluctuating drag on the charging system (sign of failing ammeter), or on a bad voltage-regulator in the alternator.
In addition, it would be essential to add a fusible-link to that charging wire, as your alternator will keep pumping out the juice no matter what happens to the rest of the wiring-system, whereas the three-wire at least has the safety built in of cutting off if the wiring burns-up.
Bypass your ammeter, and check the condition of the red charging wire and the yellow wire. The surges in the alternator output are either caused by a sudden fluctuating drag on the charging system (sign of failing ammeter), or on a bad voltage-regulator in the alternator.
In addition, it would be essential to add a fusible-link to that charging wire, as your alternator will keep pumping out the juice no matter what happens to the rest of the wiring-system, whereas the three-wire at least has the safety built in of cutting off if the wiring burns-up.
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