You need to enable custom drawing of cell foreground in your cells. If you want to make it for a whole column, your code will look like this:
iGrid1.Cols[0].CellStyle.CustomDrawFlags = iGCustomDrawFlags.Foreground;
Then attach the event handler shown above to the CustomDrawCellForeground event.
You need almost all statements from the fGrid_CustomDrawCellForeground, you can only remove lines 12-18 because they are related to tree grids.