To get you started:

• The combo box in the top left control the automatic color cycling.
  
• The sliders in the bottom left control the offest from the center of rotation. (the button in between the two sliders resets it to the default position)
  
• The sliders in the top right control the movement and trail dynamics.
  
• The sliders in the bottom right control the color levels for the RGB channels, and the tint percentage. The checkboxes above each color channel slider determine whether or not that color gets cycled (checked == yes).
  

Launch the Trice 'O Graph.

Here are a few screenshots of what it can do...