Cinema 4D deformer for creating waves.
Place the deformer under a plane object, increase the planes segments 400x400, move the Ocean Waves deformer up slightly, adjust the twist, width and scale sliders to get the look you are after.
Vertex Color Tag generation
This plugin works well in combination with HOT4D. Use HOT4D to create the main ocean and then the Ocean Waves deformer to create individual waves travelling over the ocean.
Available on OSX and Windows for R20 to S26.