is there any way to enable wobbly windows effect on elementary OS 0.4 I tried to install compiz but after i install it i discovered that compiz is not compatible with pantheon
I answered this question here:
It is actually pretty easy to do! I got it to work with notifications, slingshot-launcher, wingpanel and everything else that seemed important at the time.
Here are instructions for Freya, but worth a try in Loki.
The short answer is "No".
It's technically possible to replace Gala with Compiz, probably, but you will break/lose notifications, the dynamic panel, wallpaper, many operations involving shortcuts, etc etc. You would have to replace each of these functions with something else to have a usable desktop again.