To provide movable element structure of a driving belt wherein a movable element can be easily disposed in a desired and prescribed manner, and an indicator for a vehicle.

In the movable element structure of the driving belt comprising the driving belt 8 with an inner periphery around which drive gears R1 and R2 are wound, and the movable element 7 fixed to the driving belt 8, for linearly moving the movable element 7 by turning the driving belt 8, the movable element 7 is fixed to the driving belt 8 so as to enable positional adjustment.