Same as overlay version, as an indicator.
Use with caution.
Use with caution.
study("Ichimoku_on_steroids v 1.0 (Scalper's) IN")
varLo = input(title="Fast (Conversion) Line", type=integer, defval=9, minval=1, maxval=99999)
varHi = input(title="Slow (Base) Line", type=integer, defval=26, minval=1, maxval=99999)
emafreq = input(title="Ema on price frequency", type=integer, defval=2, 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 > c and z > f ? green : z < c and z < f ? red : yellow, transp=70)