A very simple loading animation in XAML format.
View Demo: New Window
Create a simple loading in XAML:
<UserControl x:Class="ShineDraw.Controls.LoadingAnimation"
xmlns="http://schemas.microsoft.com/winfx/2006/xaml/presentation"
xmlns:x="http://schemas.microsoft.com/winfx/2006/xaml"
Width="400" Height="400" >
<UserControl.Resources>
<Storyboard x:Name="Rotation" RepeatBehavior="Forever">
<DoubleAnimationUsingKeyFrames BeginTime="00:00:00" Storyboard.TargetName="LayoutRoot" Storyboard.TargetProperty="(UIElement.RenderTransform).(TransformGroup.Children)[2].(RotateTransform.Angle)">
<SplineDoubleKeyFrame KeyTime="00:00:00" Value="0"/>
<SplineDoubleKeyFrame KeyTime="00:00:00.2000000" Value="0"/>
<SplineDoubleKeyFrame KeyTime="00:00:00.2000000" Value="45"/>
<SplineDoubleKeyFrame KeyTime="00:00:00.4000000" Value="45"/>
<SplineDoubleKeyFrame KeyTime="00:00:00.4000000" Value="90"/>
<SplineDoubleKeyFrame KeyTime="00:00:00.6000000" Value="90"/>
<SplineDoubleKeyFrame KeyTime="00:00:00.6000000" Value="135"/>
<SplineDoubleKeyFrame KeyTime="00:00:00.8000000" Value="135"/>
<SplineDoubleKeyFrame KeyTime="00:00:00.8000000" Value="180"/>
<SplineDoubleKeyFrame KeyTime="00:00:01.0000000" Value="180"/>
<SplineDoubleKeyFrame KeyTime="00:00:01.0000000" Value="225"/>
<SplineDoubleKeyFrame KeyTime="00:00:01.2000000" Value="225"/>
<SplineDoubleKeyFrame KeyTime="00:00:01.2000000" Value="270"/>
<SplineDoubleKeyFrame KeyTime="00:00:01.4000000" Value="270"/>
<SplineDoubleKeyFrame KeyTime="00:00:01.4000000" Value="315"/>
<SplineDoubleKeyFrame KeyTime="00:00:01.6000000" Value="315"/>
</DoubleAnimationUsingKeyFrames>
</Storyboard>
</UserControl.Resources>
<Grid x:Name="LayoutRoot" Background="Transparent" RenderTransformOrigin="0.5,0.5">
<Grid.RenderTransform>
<TransformGroup>
<ScaleTransform/>
<SkewTransform/>
<RotateTransform/>
<TranslateTransform/>
</TransformGroup>
</Grid.RenderTransform>
<Ellipse Width="100" Height="100" Fill="#FF000000" >
<Ellipse.RenderTransform>
<TransformGroup>
<ScaleTransform/>
<SkewTransform/>
<RotateTransform/>
<TranslateTransform X="-150"/>
</TransformGroup>
</Ellipse.RenderTransform>
</Ellipse>
<Ellipse Width="100" Height="100" Fill="#FFAAAAAA" >
<Ellipse.RenderTransform>
<TransformGroup>
<ScaleTransform/>
<SkewTransform/>
<RotateTransform Angle="45" CenterX="200" CenterY="50"/>
<TranslateTransform X="-150"/>
</TransformGroup>
</Ellipse.RenderTransform>
</Ellipse>
<Ellipse Width="100" Height="100" Fill="#FFAAAAAA" >
<Ellipse.RenderTransform>
<TransformGroup>
<ScaleTransform/>
<SkewTransform/>
<RotateTransform Angle="90" CenterX="200" CenterY="50"/>
<TranslateTransform X="-150"/>
</TransformGroup>
</Ellipse.RenderTransform>
</Ellipse>
<Ellipse Width="100" Height="100" Fill="#FFAAAAAA" >
<Ellipse.RenderTransform>
<TransformGroup>
<ScaleTransform/>
<SkewTransform/>
<RotateTransform Angle="135" CenterX="200" CenterY="50"/>
<TranslateTransform X="-150"/>
</TransformGroup>
</Ellipse.RenderTransform>
</Ellipse>
<Ellipse Width="100" Height="100" Fill="#FF999999" >
<Ellipse.RenderTransform>
<TransformGroup>
<ScaleTransform/>
<SkewTransform/>
<RotateTransform Angle="180" CenterX="200" CenterY="50"/>
<TranslateTransform X="-150"/>
</TransformGroup>
</Ellipse.RenderTransform>
</Ellipse>
<Ellipse Width="100" Height="100" Fill="#FF777777" >
<Ellipse.RenderTransform>
<TransformGroup>
<ScaleTransform/>
<SkewTransform/>
<RotateTransform Angle="225" CenterX="200" CenterY="50"/>
<TranslateTransform X="-150"/>
</TransformGroup>
</Ellipse.RenderTransform>
</Ellipse>
<Ellipse Width="100" Height="100" Fill="#FF555555" >
<Ellipse.RenderTransform>
<TransformGroup>
<ScaleTransform/>
<SkewTransform/>
<RotateTransform Angle="270" CenterX="200" CenterY="50"/>
<TranslateTransform X="-150"/>
</TransformGroup>
</Ellipse.RenderTransform>
</Ellipse>
<Ellipse Width="100" Height="100" Fill="#FF333333" >
<Ellipse.RenderTransform>
<TransformGroup>
<ScaleTransform/>
<SkewTransform/>
<RotateTransform Angle="315" CenterX="200" CenterY="50"/>
<TranslateTransform X="-150"/>
</TransformGroup>
</Ellipse.RenderTransform>
</Ellipse>
</Grid>
</UserControl>
Website: http://www.shinedraw.com






Also see http://forums.silverlight.net/forums/t/137935.aspx