Edit in JSFiddle

var box = document.getElementById('box'),
    fpsDisplay = document.getElementById('fpsDisplay'),
    boxPos = 10,
    boxLastPos = 10,
    boxVelocity = 0.08,
    limit = 300,
    lastFrameTimeMs = 0,
    maxFPS = 60,
    delta = 0,
    timestep = 1000 / 60,
    fps = 60,
    framesThisSecond = 0,
    lastFpsUpdate = 0,
    running = false,
    started = false,
    frameID = 0;

function update(delta) {
    boxLastPos = boxPos;
    boxPos += boxVelocity * delta;
    // Switch directions if we go too far
    if (boxPos >= limit || boxPos <= 0) boxVelocity = -boxVelocity;
}

function draw(interp) {
    box.style.left = (boxLastPos + (boxPos - boxLastPos) * interp) + 'px';
    fpsDisplay.textContent = Math.round(fps) + ' FPS';
}

function panic() {
    delta = 0;
}

function begin() {
}

function end(fps) {
    if (fps < 25) {
        box.style.backgroundColor = 'black';
    }
    else if (fps > 30) {
        box.style.backgroundColor = 'red';
    }
}

function stop() {
    running = false;
    started = false;
    cancelAnimationFrame(frameID);
}

function start() {
    if (!started) {
        started = true;
        frameID = requestAnimationFrame(function(timestamp) {
            draw(1);
            running = true;
            lastFrameTimeMs = timestamp;
            lastFpsUpdate = timestamp;
            framesThisSecond = 0;
            frameID = requestAnimationFrame(mainLoop);
        });
    }
}

function mainLoop(timestamp) {
    // Throttle the frame rate.    
    if (timestamp < lastFrameTimeMs + (1000 / maxFPS)) {
        frameID = requestAnimationFrame(mainLoop);
        return;
    }
    delta += timestamp - lastFrameTimeMs;
    lastFrameTimeMs = timestamp;

    begin(timestamp, delta);

    if (timestamp > lastFpsUpdate + 1000) {
        fps = 0.25 * framesThisSecond + 0.75 * fps;

        lastFpsUpdate = timestamp;
        framesThisSecond = 0;
    }
    framesThisSecond++;

    var numUpdateSteps = 0;
    while (delta >= timestep) {
        update(timestep);
        delta -= timestep;
        if (++numUpdateSteps >= 240) {
            panic();
            break;
        }
    }

    draw(delta / timestep);

    end(fps);

    frameID = requestAnimationFrame(mainLoop);
}

start();

<div id="box" style="position: absolute; top: 10px; left: 10px; height: 50px; width: 50px; background-color: red;"></div>
<div id="fpsDisplay" style="position: absolute; top: 70px; left: 10px;"></div>