You define color rules through the Once a color rule is defined, you can select it as the controlling rule for any study or bar chart. To do this, bring up the parameter dialog box for the study. Click on the color parameter item to get the When you edit an active color rule, the new formula is immediately applied to all chart windows that use that rule.Color Rules
By default, the bars in the program charts are colored yellow. In addition to being able to change the color of bars, the program has a color rule capability that allows charted bar data, formula results, and graphical studies to be drawn in multiple colors. The color of any charted data series can be chosen on a bar-by-bar basis, allowing important conditions to be marked for quick visual recognition. The full power of the formula language is available for computing color values.