Link this code
|HItem:2,1236607151:-877003260:-362610042,-362610042,-362610042,-362610042,-362610042,-362610042,-362610042,-362610042,810509133,810509133,810509133-1008238675,-1008238675,-1008238675,-1243748674,-1243748674,-1243748674:-1:0:-1:-1:-1:9:444:444:0:0:4:0:|h [{c:ffffff00}Icy Clutch{/c}]|h
and you can change name by rewriting name (Icy Clutch) and you can change color with hexa code just keep c:ff and rest is xxxxxx hex code for color so ffff00 is yellow which works best you can experiment with it
its pretty easy and works just the same as it used in wow but some might now know about it
Hexadecimal / Decimal Colors
here is site where you can play with colors and writes you the code in hexadecimal
Altho BE CAREFUL and DO NOT spam it in general too often if someone reports you you might get baned or have some problems with blizzard cos you are creating big trouble for players especialy if you spam it in hardcore chat