Same as the Overlay Version, without the lines, as indicator.
study("Ichimoku_on_steroids v 1.0 IN") varLo = input(title="Fast Leading Line", type=integer, defval=9, minval=1, maxval=99999) varHi = input(title="Slow Leading Line", type=integer, defval=26, minval=1, maxval=99999) emafreq = input(title="Ema on price frequency", type=integer, defval=10, minval=1, maxval=99999) a = lowest(varLo) b = highest(varLo) c = (a + b ) / 2 d = lowest(varHi) e = highest(varHi) f = (d + e) / 2 g = ((c + f) / 2)[varHi] h = ((highest(varHi * 2) + lowest(varHi * 2)) / 2)[varHi] z = ema(close, emafreq) bgcolor(z > h and z > g ? green : z < h and z < g ? red : yellow, transp=70)