Steps to create dynamic coloring for elements
Step 1: Create a new grafana visualization and add canvas panel
Step 2: Now select select the element on which you have to apply dynamic coloring
Set thresholds as per your requirement in my case I have keep as following
If the value is greter then 80 it will be red
And for the base case we have keep it green
Step 3: Now select the background colour of selected element and give the field name on which you want to apply threshold or dynamic coloring.
Final Outcome: -