A method of generating a stereoscopic image registration and color balance evaluation display enables a user to align two cameras used to produce a stereoscopic video signal or to analyze a received stereoscopic video signal. Left and right images from the cameras are converted into desired video signal components. Corresponding pixels from the left and right images are compared for each of the video signal components, and plotted as x and y inputs to a Cartesian plot to produce respective two-dimensional (2D) histograms. The multiple 2D histograms are presented as a Quad Diamond display so a user may align the two cameras or analyze the received stereoscopic video signal.