Plot a line chart with conditional colors depending on values

Here is a little different approach:

x <- seq(from=1, to=10, by=0.1)
plot(x,sin(x), col='red', type='l')
clip(1,10,-1,.5)
lines(x,sin(x), col='yellow', type='l')

Note that with this method the curve changes colors at exactly 0.5.

Use segments instead of lines.

The segments function will only add to an existing plot. To create a blank plot with the correct axes and limits, first use plot with type="n" to draw "nothing".

x0 <- seq(1, 10, 0.1)
colour <- ifelse(sin(seq(from=1, to=10,by=0.1))>0.5,"red","blue")

plot(x0, sin(x0), type="n")
segments(x0=x0, y0=sin(x0), x1=x0+0.1, y1=sin(x0+0.1), col=colour)

See ?segments for more detail.