Are you able to use custom colors in place of default colors for labels that change colors depending on the condition of a chart?

[Mr_Wheeler]

AddLabel(yes, Concat("Profit at fastAvg = ", Round( profit_at_fastAvg)),(Color = if is_bull then CreateColor(51, 204, 255)else color.black));

 

[Svanoy]

@Mr_Wheeler

AddLabel(yes, Concat("Profit at fastAvg = ", Round( profit_at_fastAvg)),(if is_bull then CreateColor(51, 204, 255) else color.black));