Would someone be kind enough to walk an electrical novice through this "plug and play" exercise.

I looked under the tank and turned on the signal lites and found by the vibration/clicking what I take to be the stock flasher under the tank.

It has a number of wires coming out if it.

So am I to tug on that and pull it off and simply put the new circular flasher onto what I assume is a 3 prong plug? What happens the the original with the wires in it? Just leave it there? Where does the rubber protector go?

Man it's embarrassing when my eyes glaze over when I see anything to do with electrical.

Mine is a 2011 Speedmaster with the newly purchased Fast Eddy K&S kit. I recently replaced the rear turn signals with LEDs.

Thanks for the help.