The Animated Lake Effect application allows generating beautiful lake effects (or wave effects) over any image! That is correct: for any image you can load into the application, you can generate the animated lake effect. Just load the image, click on it and then press the CTRL + W key combination to generate the lake effect. It's that easy. The animated lake effect generated for an image also looks like a wave effect so another way to refer to the app is: the Animated Wave Effect application.

And you can even use different values/properties to modify the way the lake effect (wave effect) is shown, you can modify parameters such as: animation speed, wave size, ripple granularity, damping (the ripples at the top of the bottom image) and you can also specify the way the image at the bottom is rendered: flip none, flip x, flip y, flip x and y.

Here are some of the features of the Animated Lake Effect application:
• - drag and drop external images on the canvas to apply the lake effect (wave effect) on those images.
• - paste external images from Clipboard.
• - duplicate the image just by double clicking it.
• - resize the image by pressing one of the CTRL keys and then grabbing the image with the mouse and dragging the mouse, as you drag the mouse, the size of the image will be updated based on the direction of where the mouse is moving.
• - rotate the image by pressing one of the SHIFT keys and then clicking the image. If you press the LEFT SHIFT key and click the image, the image will rotate to the left. Similarly, if you press the RIGHT SHIFT key and click the image, the image will rotate to the right.
• - filter the image using several image filters. Notice the Quick Filters and Image Filters With Preview menu options when you right click the image.
• - change the opacity of the image by pressing LEFT CTRL key + A (lowers opacity of the selected image) or LEFT CTRL key + Q (increases opacity of the selected image)
• - move the image using the: W, A, S, D key (before moving the image using these keys, you have to click on the image first, to select it) deleting the image just by pressing the DEL button on your keyboard

Also, using the the Animated Lake Effect application you can work with any number of images on the canvas by resizing, rotating, duplicating, deleting and changing the opacity of those images. This way you could create a final image from multiple individual images.

Here is a Youtube video showing more of what you can do with the application:
https://www.youtube.com/watch?v=VS2P9-cjrPI

And another Youtube video here:
https://www.youtube.com/watch?v=FIIy18TOqGs

And here (embedded below) is another different Youtube movie showing the lake effect (wave effect) on several different images: