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In this video tutorial, a trick to create an Excel bar chart that displays negative values in a different color than positive values is explained. The tutorial also shows how to conditionally format the bar chart to highlight the bar with the highest value. This trick can be applied to any chart for conditional formatting. The tutorial demonstrates creating a bar chart for actual sales and budget deviation, presenting two bar charts grouped in one visualization. The steps involve selecting the product, choosing actual sales, inserting a 2-D bar chart, and adjusting the formatting by removing vertical grid lines and axis labels.