Set DynamicForeColor property of the column in wich you want to change text color to

IIF(Field1, RGB(255,0,0), RGB(0,0,0))

>I need to make the text color in a grid field change dynamically.
>If a field in the file is true then the text color should be red. Otherwise, I want the text to black.
>
>Anyone know the best way to do this?