STEP 1 - Navigate to C:UsersYOUR NAMEAppDataLocalLockheed MartinPrepar3D v2Shaders
STEP 2 - Delete ALL content within the folder
STEP 3 - OPEN Texture Direct
STEP 4 - Navigate to the MAIN SETTINGS/CONFIGURATION SETTING screen
STEP 5 - Within the DIRECTX area, select the option DX11 ENABLED (P3D v.2.4+) for Wave Animation
STEP 6 - Textures MUST be installed for this fix to be applied!