What are the functions of the red and green detection lights on the back of watches and Mi Bands?

Some watches and Mi Bands have functions such as heart rate and SpO2.

The current product red light is for SpO2 monitoring, the red light will blink normally when the SpO2 monitoring is turned on.

The green light is for heart rate monitoring, the green light will blink normally after heart rate monitoring is turned on.

Note: The flashing frequency of the light is related to the frequency of heart rate and SpO2.