Just double checking (as transformer wiring continues to confuse me), will this wiring work if I have one of these 120v indicator lights?

The transformer I have has 120 and 240 v primaries, and so far I haven't found a 240 v light that I like the look of.

I realised I should have labelled my drawing better, but I hope it makes sense? Indicator on the left, dpst switch on the right.