diff --git a/src/chart/chart.config.ts b/src/chart/chart.config.ts
index 74b45b08..7d15d2b9 100644
--- a/src/chart/chart.config.ts
+++ b/src/chart/chart.config.ts
@@ -510,6 +510,8 @@ export const getDefaultConfig = (): FullChartConfig => ({
 				boxNegative: 'rgba(217,44,64,1)',
 				boxPositive: 'rgba(77,153,83,1)',
 				boxSelected: 'rgba(255,255,255,1)',
+				labelTextNegative: 'rgba(217,44,64,1)',
+				labelTextPositive: 'rgba(77,153,83,1)',
 			},
 			countdownToBarClose: {
 				textNegative: 'rgba(255,255,255,1)',
@@ -1408,6 +1410,8 @@ export interface YAxisLastPriceLabelColorConfig {
 	textSelected: string;
 	textNegative: string;
 	textPositive: string;
+	labelTextPositive: string;
+	labelTextNegative: string;
 }
 
 export interface YAxisBidAskLabelColorConfig {
diff --git a/src/chart/components/y_axis/label-color.functions.ts b/src/chart/components/y_axis/label-color.functions.ts
index 35f894d0..cb1f9212 100644
--- a/src/chart/components/y_axis/label-color.functions.ts
+++ b/src/chart/components/y_axis/label-color.functions.ts
@@ -8,6 +8,17 @@ import { FullChartColors, YAxisLabelsColors } from '../../chart.config';
 
 export const DEFAULT_LABEL_COLOR = '#FF00FF';
 
+export const getPlainLabelTextColor = (lastPriceMovement: PriceMovement, colors: YAxisLabelsColors): string => {
+	if (lastPriceMovement === 'down') {
+		return colors.lastPrice.labelTextNegative;
+	} else if (lastPriceMovement === 'up') {
+		return colors.lastPrice.labelTextPositive;
+	} else if (lastPriceMovement === 'none') {
+		return colors.lastPrice.labelTextPositive;
+	} else {
+		return colors.lastPrice.labelTextPositive;
+	}
+};
 export const getPrimaryLabelTextColor = (lastPriceMovement: PriceMovement, colors: YAxisLabelsColors): string => {
 	if (lastPriceMovement === 'down') {
 		return colors.lastPrice.textNegative;
diff --git a/src/chart/components/y_axis/price_labels/data-series-y-axis-labels.provider.ts b/src/chart/components/y_axis/price_labels/data-series-y-axis-labels.provider.ts
index c2773cbd..60f822da 100644
--- a/src/chart/components/y_axis/price_labels/data-series-y-axis-labels.provider.ts
+++ b/src/chart/components/y_axis/price_labels/data-series-y-axis-labels.provider.ts
@@ -77,7 +77,12 @@ export class DataSeriesYAxisLabelsProvider implements YAxisLabelsProvider {
 		const config = this.series.config;
 		const paintConfig = config.paintConfig[0] ?? DEFAULT_DATA_SERIES_PAINT_CONFIG;
 		const bgColor = paintConfig.color;
-		const textColor = getLabelTextColorByBackgroundColor(bgColor, 'white', 'black');
+
+		const textColor = getLabelTextColorByBackgroundColor(
+			bgColor,
+			paintConfig.lightTextColor ?? 'white',
+			paintConfig.darkTextColor ?? 'black	',
+		);
 		return {
 			textColor,
 			bgColor,
diff --git a/src/chart/components/y_axis/price_labels/last-candle-labels.provider.ts b/src/chart/components/y_axis/price_labels/last-candle-labels.provider.ts
index cbd244c7..c5dc730c 100644
--- a/src/chart/components/y_axis/price_labels/last-candle-labels.provider.ts
+++ b/src/chart/components/y_axis/price_labels/last-candle-labels.provider.ts
@@ -7,7 +7,7 @@ import { FullChartConfig, YAxisConfig } from '../../../chart.config';
 import { CandleSeriesModel } from '../../../model/candle-series.model';
 import { DataSeriesType } from '../../../model/data-series.config';
 import { ChartModel, LastCandleLabelHandler } from '../../chart/chart.model';
-import { getPrimaryLabelTextColor } from '../label-color.functions';
+import { getPlainLabelTextColor, getPrimaryLabelTextColor } from '../label-color.functions';
 import { YAxisLabelDrawConfig } from '../y-axis-labels.drawer';
 import { LabelGroup, VisualYAxisLabel, YAxisLabelsProvider } from './y-axis-labels.model';
 import { lastOf } from '../../../utils/array.utils';
@@ -30,9 +30,11 @@ export class LastCandleLabelsProvider implements YAxisLabelsProvider {
 	public getUnorderedLabels(): LabelGroup[] {
 		const collectedLabels: LabelGroup[] = [];
 		const visible = this.yAxisConfig.labels.settings.lastPrice.mode !== 'none';
+
 		if (visible) {
 			// main candle series
 			const yAxisVisualLabel = this.getYAxisVisualLabel(this.chartModel.mainCandleSeries);
+
 			const mainCandleSeriesVisualLabel: VisualYAxisLabel | null = yAxisVisualLabel
 				? {
 						...yAxisVisualLabel,
@@ -105,13 +107,18 @@ export class LastCandleLabelsProvider implements YAxisLabelsProvider {
 	 */
 	private getLabelDrawConfig(series: CandleSeriesModel, primary: boolean): YAxisLabelDrawConfig {
 		const colors = series.colors.labels;
+		const isPlain = this.fullConfig.components.yAxis.labels.settings['lastPrice'].type === 'plain';
 		const getLabelBoxColor = this.resolveLabelColorFn(series.config.type);
 		const { rectLabelTextColor, rectLabelInvertedTextColor } = this.chartModel.config.colors.yAxis;
 		let boxColor = '#FFFFFF';
 		let textColor = '#FFFFFF';
 		if (colors) {
 			boxColor = getLabelBoxColor(series.lastPriceMovement, series.colors);
-			textColor = primary ? getPrimaryLabelTextColor(series.lastPriceMovement, colors) : rectLabelTextColor;
+			textColor = isPlain
+				? getPlainLabelTextColor(series.lastPriceMovement, colors)
+				: primary
+				? getPrimaryLabelTextColor(series.lastPriceMovement, colors)
+				: rectLabelTextColor;
 		}
 		return {
 			bgColor: boxColor,
diff --git a/src/chart/model/data-series.config.ts b/src/chart/model/data-series.config.ts
index 0f8cec74..cc522d62 100644
--- a/src/chart/model/data-series.config.ts
+++ b/src/chart/model/data-series.config.ts
@@ -42,6 +42,8 @@ export interface DataSeriesPaintConfig {
 	color: string;
 	lineWidth: number;
 	hoveredLineWidth: number;
+	lightTextColor?: string;
+	darkTextColor?: string;
 	//add this for TREND_HISTOGRAM study type
 	// this way not add breaking change
 	aditionalColor?: string;