diff --git a/README.md b/README.md
index bab0339..e5ab88e 100644
--- a/README.md
+++ b/README.md
@@ -75,7 +75,9 @@ export class App {
 <ng2-password-strength-bar
   [passwordToCheck]="account.password"
   [barLabel]="barLabel"
-  [barColors]="myColors">
+  [barColors]="myColors"
+  [baseColor]="baseColor"
+  [strengthLabels]="strengthLabels">
 </ng2-password-strength-bar>
 ```
 #### passwordToCheck (type: string)
@@ -88,9 +90,28 @@ export class App {
 
 #### barColors (type: Array\<string\>, optional) 
 _(New in v1.2.0)_
-- The variable can be used to define custom bar colors. This must be an Array of 5 strings!<br>
-Lowest security level picks `colors[0]`, ..., the highest picks `colors[4]`.<br>
-If not specified, the default is: `['#F00', '#F90', '#FF0', '#9F0', '#0F0']`
+- The variable can be used to define custom bar colors.<br>
+- This must be an Array of 5 strings.<br>
+- Lowest security level picks `colors[0]`, ..., the highest picks `colors[4]`.<br>
+- If not specified, the default is: `['#F00', '#F90', '#FF0', '#9F0', '#0F0']`
+
+#### baseColor (type: string, optional) 
+_(New in v1.2.1)_
+- The variable can be used to define the color of bars when no strength is applied (i.e. when there is no password text).<br>
+- If not specified, the default is: '#DDD'.<br>
+For example:
+```angular2html
+public baseColor = '#FFF';
+```
+
+#### strengthLabels (type: Array\<string\>, optional) 
+_(New in v1.2.1)_
+- The variable can be used to define a strength label that will be appended to the colored bars.<br>
+- This must be an Array of 5 strings.<br>
+For example:
+```angular2html
+public strengthLabels = ['(Useless)', '(Weak)', '(Normal)', '(Strong)', '(Great!)'];
+```
 
 ## Run the example application locally
 - `git clone https://github.com/rnadler/ng2-password-strength-bar.git`
diff --git a/package.json b/package.json
index 1a421f0..4fee31a 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "ng2-password-strength-bar",
-  "version": "1.2.0",
+  "version": "1.2.1",
   "description": "Angular 2 Password Strength Bar",
   "scripts": {
     "start": "npm run build && concurrently \"tsc -w\" \"lite-server\" ",