It means that the charged battery is full. Some chargers have a steady glow, others have a flashing light to show that the battery is charged. When you run the helicopter, is the battery fully charged, does the helicopter blades spin flat out? If so, the battery is charged and the flashing light indicates the battery is charged. If the battery isn't charged or the blades don't spin enough to lift the helicopter, or fly for some time, then the battery isn't charged and the charger may be faulty. Take it to a hobby shop to see where the problem lies, the charger and its blinking light, or the battery.
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