Pedantic I...
There is a Multistate Indicator available for RSView32, but it is not built-in...
PanelBuilder provides a built-in MultiState Indicator object, as does FactoryTalk View ME and SE. However, RSView32 was not so lucky.
To rectify this, a few years ago, they released an ActiveX control for RSView32 to provide users with a type of add-on MultiState Indicator. Like any ActiveX control you must download, install and register the control file. They are usually dll or ocx files. In this case the control file is "Multistate_Indicator.ocx".
You can find a download link to the latest version of the MultiState Indicator ActiveX control for RSView32 in this Knowledgebase technote, which also confirms the above...
22856 - MultiState Indicator for RSView32
Access Level: Everyone
If you already have that ActiveX control installed, well then, super, but another point to note, seeing as you specifically mentioned wanting to manipulate MultiState Indicator colours...
You cannot assign different colours to the blink animation for this control, even using VBA. This is a commonly sought after feature, but alas, not available. It is fixed at Black.
As well as the samples project that Ron kindly mentioned, attached is a reference guide for writing good VBA code.
Regards,
George