Color files basd on tags

I'm looking to put up a system in which I need to quickly tag files with 3 possible tags. Is it possible to color or mark the files somehow based on those tags? My purpose is to quickly see which files are tagged by what. I prefer not to use filter to show only specific tags.
Thanks a lot.

You can use filters to highlight files as well as to show/hide them.

It's covered in the video for 10.2.0.0, starting about 3m30s.