A tube filled at one end with mirrors and pieces of coloured glass which shows many coloured patterns when turned

One word substitute is Kaleidoscope.

Kaleidoscope: a toy consisting of a tube containing mirrors and pieces of coloured glass or paper, whose reflections produce changing patterns when the tube is rotated.
Periscope: an apparatus consisting of a tube attached to a set of mirrors or prisms, by which an observer (typically in a submerged submarine or behind a high obstacle) can see things that are otherwise out of sight.
Microscope: an optical instrument used for viewing very small objects, such as mineral samples or animal or plant cells, typically magnified several hundred times.
Gyroscope: a device consisting of a wheel or disc mounted so that it can spin rapidly about an axis which is itself free to alter in direction. The orientation of the axis is not affected by tilting of the mounting, so gyroscopes can be used to provide stability or maintain a reference direction in navigation systems, automatic pilots, and stabilizers.