Techniques are described for a multi-function pin of a light emitting diode (LED) driver. The techniques utilize this multi-function pin for switching current that flows through one or more LEDs, as well as for charging the power supply of the LED driver. The techniques further utilize this multi-function pin to determine whether the voltage at an external transistor is beginning to oscillate, and utilize this multi-function pin to determine whether the current through the one or more LEDs has fully dissipated to an amplitude of zero.