The B/w signal is composite so it contains a single line of data for the graphics plus the sync so it's won't sync on a RGB.
You need to either use a monitor with composite input or find out on the schematics where the comp and screen data is combined and take connections from before that so the sync goes to the RBG sync and the screen data goes to the R,G,B inputs. This means you have to solder to the PCB so it's not exactly a true adapter.
That will give you white graphics so I prefer to just connect to the green input.
If you can't figure out yourself where to take those signals from I can point it out on the schematics.