In cable thats what we call a shimmer. It usually fixed by trimming up the center conductor, which in turn stops ingress into the line. However since you are using a dongle......
I have yet to see this dongle, but did you have to add extra cables to it to make it long enough to reach your TV? If so then you may have a lose connection somewhere thats allowing other signals to interfere causing this effect. If Not then I would suggest making sure that the component input is nice and tight on the back of that TV. Some component cables will go on and feel tight, but they aren't all the way down onto the input. They have tp POP on sometimes.
Try that and see what happens.