Sorry I have been MIA, life gets in the way sometimes. Please excuse me if I am rehashing something that was posted.
4 12v 5 watt lights in series, makes for a 48v light at 20 watts. (see note below)
The wind generator should be connected to the rectifier, the output of the rectifier should be connected to the cap (mind the polarity), and the caps connected to the string of 4 light bulbs. So the negative from the rectifier will connect to the negative of the cap (pin next to the stripe), and then two one end of the lights (they do not care what end). Another wire connected to the positive of the rectifier, the other pin of the cap, and to the other side of the string of lights.
I believe you have two meters. The Fluke T5 does not do DC amps, so we will use that for our DC volts measurement, the other meter does DC amps, so we will use that for the amps measurement.
Put your Fluke meter on DC volts, and connect to the positive and negative wires, at any point it's convenient. It can be at the cap, or at the rectifier.
Now set your other meter to DC amps, 10 amp scale, move the meter leads, and connect it in series in the circuit. Aka, replace one of the wires going from the rectifier to the cap with the meter leads. Or cap to the string of light bulbs, it does not matter.
Spin the wind generator with the drill. Start slowly and watch the voltage on the meter. Try to get it up to about 62v, as that is as high as it would need to go to equalize a LA battery bank, giving the generator the best shot at making the most power it can. Make a note of the amp reading you are seeing on the DC amps meter while the voltage is at 62V. The string of 4 lights should glow very brightly since they will be seeing 15.5v each.
Your watts is the volts reading, times amps reading. So if you get it to 62V, and you see 2.5 amps on the meter, the watts generated is 155 watts. 62 times 2.5 = 155.
Now you can change the load, in this case, a series of 4 12V lights, to any load you want. You can use 4 12v 20 watt lights. The goal is to spin the generator up to about 62V, and take an amp reading. You can even spin it up to just 48V and take an amp reading then, but it may produce more power at the higher voltages, so that is one reason I picked 62V.
Note that as others have pointed out, that incandescent light bulbs are really the wrong choice for a load. They draw a lot of power when cold, far more then their rated wattage. So the wind generator has to generate enough power to get the light warmed up. So this test works and gives accurate wattage numbers, assuming the light bulb is small enough that the generator can get it warmed up and up to brightness. So this test is not a good way to see the peak power the wind generator can make. For that, we need a different load.
However, this is a good test for a hobbyist to play around with without the risk of blowing an expensive tester up.