Ignition Multi-state indicator

Is it possible to change the state of the multi-state indicator with respect to a specified date?

Detail description: I have a text field that shows a date value so the multi-state indicator should go from active to expired state when it reaches the date value mentioned in that text field.

Can somebody help me with this?
Thanks.

I used this binding on the state property of the multi-state indicator. It seems to accomplish your goal

if(now()>todate({Root Container.Text Field.text}),
	1,
	0
)
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