I don't know if you can automatically change the color, but you could exploit your loop to generate different colors:
for i in range(20):
ax1.plot(x, y, color = (0, i / 20.0, 0, 1)
In this case, colors will vary from black to 100% green, but you can tune it if you want.
See the matplotlib plot() docs and look for the color
keyword argument.
If you want to feed a list of colors, just make sure that you have a list big enough and then use the index of the loop to select the color
colors = ['r', 'b', ...., 'w']
for i in range(20):
ax1.plot(x, y, color = colors[i])