The red and blue LEDs are driven by a long-tailed pair and controlled by pot (potentiometer) R4, whose wiper voltage varies according to its position and is used to control the green LED's drive, producing a decently wide spectrum
Figure 1. The red and blue LEDs are driven by a long-tailed pair and controlled by pot (potentiometer) R4, whose wiper voltage varies according to its position and is used to control the green LED's drive, producing a decently wide spectrum