Separate seing particles through semi-transparents from "fabulous" graphic

I like the middle graphic settings, they're balanced between computational speed and good-lookingness. Problem is that i still wanna see particles inside of water, but i cant unless i raise the entirety of the graphics to "fabulous". Now, this offers an unfair advantage in PvP, as players with more powerful computers would be able to spot invisible players who are swimming, unlike those who have a slightly lower end computer. Not to talk about seing the glowing particles of glowsquids and the bubbles under the water of the fishing rod...