If you need more than 3 conditional formattings thn try using a worksheet change event macro
'These instructions pre typed & are worded to cater for the novice programmer
'To install macro to correct location
'Copy this macro
'GoTo Excel
'Select sheet this is to appy to
'Right Click on Sheet Name Tab > select View Code
'Past macro into the Worksheet Module displayed
Note :-
In your discription you said > 0.9 to 1.1.
in the above code that used Case 0.9 To 1.1 without including the >
This is not a problem as this line of code is executed 1st
Case 0.8 To 0.9
which means that if the value of f12 is 0.9 the colour coding for the range 0.8 To 0.9 is used and the colour range for 0.9 to 1.1 is not run
The same structure also applies for 1.2
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