Originally Posted by Monomer

Pedel feels fine, although a bit soft (but not spongey) Brake fluid is filled to the top, and the level float switchs seem to be working. It's getting Vaccuum to the booster.

It is NOT the pad indicator, this is a w126 car with two seperate lights. Rear brakes were just redone (new rotors, pads, calipers and flex hoses) and bled properly.