Abstract: A fault indicator for detecting the occurrence of a fault current in a monitored conductor and providing a light indication thereof includes a rotatably mounted indicator flag. The flag is positioned in either a reset indicating or a fault indicating state by a magnetic pole piece, which is magnetized in one magnetic direction or the other by momentary application of a current in one direction or the other to an actuator winding on the pole piece. A magnetically actuated reed switch in an auxiliary magnetic circuit comprising an auxiliary pole piece magnetized by the actuator winding and a bias magnet magnetically aligned to oppose the reset magnetic orientation and reenforce the trip magnetic orientation of the magnetic pole piece closes upon occurrence of the fault current to connect an internal lithium battery to an LED visible from the exterior of the fault indicator housing.