set recolor-reverse-video "false" has no effect.

This is my configuration about recolor.

set recolor "true"
set recolor-lightcolor "#2A2F3B" #00
set recolor-darkcolor "#E0E0E0" #06
set recolor-reverse-video "false"
set recolor-keephue "true"

Actually, this pdf was generated by latex.

\usepackage{graphicx}
\includegraphics[width= .9\textwidth]{$HOME/Pictures/taylorswift/2.jpg}