I think its just standard bb code. Let me check fast:

Red [ C O L O R = " r e d " ] R e d [ / C O L O R ]
Pink [ C O L O R = E E 8 2 E E ] P i n k [ / C O L O R ]
Green [ C O L O R = 2 2 8 B 2 2 ] G r e e n [ / C O L O R ]