Reeves, when you turn on your tester, the display on the MFT1553 gives you a battery reading in voltage.
If I remember correctly, the MFT1553 takes 8 x AA batteries. Have a look what the voltage display is reading - you may well be getting the battery warning light purely because the batteries need replacing. Ideally you would be looking for 12V upon turning the meter on, but this level of charge will never remain for long as insulation resistance testing and continuity testing does drain batteries fairly rapidly...
Personally, I would invest in a set of rechargeable AA batteries and charger from Maplin etc and take freshly charged batteries along with you when you need; you will save money in the long run.
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