How to make the statusbar transparent on Android phone

Your phone must be running Android 4.0.3 and above
Your phone must be rooted

Let's start off by installing the Xposed framework to your phone. Download the apk Here on your Android phone.

Now run the application that just got installed to your phone, go to Framework and tap on the button "Install/update". It will then tell you to reboot the phone to activate the framework. Do it.

Now install the XBlast Tools module (it's also an apk file). Once you have installed them, open up the Xposed installer again and this time go to Modules, then tick both box where it says "XBlast Tools". Then once again, reboot your phone to apply the changes.

Now that you have everything activated, go to your app drawer and open the XBlast Tools app and go to Status Bar, now scroll down to where you see "Status Bar Background Color". Tick the left box to enable it, then tap on the little box next to it to modify the colors. Now on the top where it has the HEX color codes typed in, change it to #00000000 and then tap on the bottom right box.

Now reboot your phone and enjoy your changes.