The invention is applicable to the level measurement of the geomatics field. A leveling rod by utilizing a color-changing light emitting diode (LED) to supplement a light source consists of a body (1), color-changing LEDs (2), an upper knob (3), a middle knob (4), a lower knob (5), a power supply switch (6) and the like. The LEDs are uniformly distributed according to the size of the body and are grouped at intervals into a left column and a right column and an upper group, an intermediate group and a lower group to be uniformly controlled, and the default color of each color-changing LED is white. When the light is insufficient, a power supply is switched on, all the LEDs emit white light, and the brightness of the LEDs can be adjusted according to the requirement; and when a measured interval is determined in one of the upper, the intermediate and the lower ranges, the light color in the range can be changed to other colors, i.e. frequently red, yellow and green. Due to the adoption of the leveling rod, the influence of external conditions on the measurement work is reduced, the measurement efficiency under unfavorable environment is improved, characteristics of high brightness, fastness in starting, uniformity in light and the like can be realized, and different light colors can be used for different measurement ranges.