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In today's video tutorial, we will learn how to create an Excel bar chart that displays negative values in a different color from positive values and highlight the bar with the highest value. This trick can be applied to any chart for conditional formatting. The tutorial demonstrates how to create a bar chart comparing actual and budget sales values for products, with the deviation displayed. To do this, select the product, choose actual sales, insert a 2-D bar chart, and customize the formatting by removing vertical grid lines and label axis.