Some places mimic the ski area colors---green for beginner, blue for intermediate and black diamond for advanced (and MBAction is a proponent of the black diamond designation for bikes, too). I rarely see any trail marked this way outside of a ski area in the summer, tho.
There's other ways to figure out difficulty of a given trail, like using the mtbr trail reviews or ride area forums.
A park near me marks some trails with ski-type markings (green circle, blue square, black diamond) and some with difficulty markers (which have a picture and say easy, moderate, or most difficult). I think the markers tend to describe the technical difficulty of the trail, as opposed to the aerobic difficulty.
Guess the trail I frequent has its own system. No greens, looks to me like the blue trails are the easiest (that's the one I take), and there are hot pink trails and yellow/white trails.
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