There is:
Performance names and legal names
Generally, use the name the artist mainly performs under as the artist name. Alternative names, including any legal names and name variations, should generally be entered as aliases, and can be used in artist credits and relationship credits when appropriate.
The Prodigy have an alias of (and some releases credited to) "Prodigy". t.A.T.u. were originally known as "Тату" in Russia (they later used "t.A.T.u." everywhere). Yazoo are known as "Yaz" in the USA after a lawsuit from another American artist called Yazoo.
In some cases, a person (or, more rarely, a group) can perform under multiple names that they actually consider different projects, and not just alternative names. In that case, you should add each artist separately. If they’re a person, a separate legal name artist should be added, and linked to all performance names with the is person (“performs as”) relationship. In this case, do not add legal name aliases to the performance names. For groups, just link each group to their members.
Tomoko Kawase performs under two different personas, with different styles: Tommy february⁶ and Tommy heavenly⁶. Calvin Broadus is most known as Snoop Dogg, but has a reggae side project, Snoop Lion.
And that’s the shortest time-frame you can set it to (In profile → preferences). The other options are weekly or never. I use never and instead check Log in - MusicBrainz as often as I like.