I tried to derive a class form ElementHost and overiding the CreateParams method:
protected override CreateParams CreateParams
{
get
{
const int WS_EX_TRANSPARENT = 0x20;
CreateParams cp = base.CreateParams;
cp.ExStyle = cp.ExStyle | WS_EX_TRANSPARENT;
return cp;
}
}
This makes it transparent, but the form is not clickable.