The LED Lights of your Indoor + Outdoor camera has their own meaning:
A red light means that night vision is turned on.
A blinking yellow light means that your device might be offline or trying to connect to a nearby Wi-Fi available.
A solid yellow light means that the device is online or livestream is being accessed in-App.
**Should you wish to turn off this feature:
Step 1. Tap on the name of your Indoor + Outdoor camera.
Step 2. Scroll down a bit and look for "Indicator LED"
When turning off, all LED indicators will not show up from your device.