The Voltmeter is hooked up ACROSS the battery terminals, NOT in series with it like your ammeter now is.
Easiest and one of the best ways to connect Voltmeter is run the <-> to a good earth on the body (under dash is OK) and the <+> down to the battery cable on the starter solenoid.
Light gauge cable is OK, it only carries very low current (mA).
Yes it will read all the time but it will read accurately, which it may not do if you stitch it into the ignition switch wiring.
No, it won't flatten the battery... for months, anyhow.
To unhook your ammeter, DISCONNECT the battery, then strip the whole lot of the ammeter cables out, and bin em.
Reconnect the cable wherever the ammeter feed came from.
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DrMini- 1970 wasaMatic 1360, Mk1S crank, 86.6HP (ATW) =~125 @ crank, 45 Dellorto (38 chokes), RE282 sprint cam, 1.5 rockers, 11.0:1 C/R.
