RGB split effect
Separate each component's RGB(red, green, blue) colors and display them on the screen with an offset:

Each color channel has its own X and Y offset, so you can push the red, green and blue independently to control the direction and strength of the aberration. Small offsets give a subtle glitchy or damaged-screen look; larger ones create a strong retro/3D-glasses effect.
Reference
All effects are listed in the effects reference page.