I am stripping this problem down to the bare minimum.
I have KY-040 Rotary Encode, When it is turned clockwise I want a blue LED to blink for every increment it is turned. When it is turned anti clockwise I want a red LED to blink for every incremented is turned.
I can have anything between them (but not a PI or arduino type barebone computer)
I have looked at flip flop chips but with the wave signal that comes out of the KY-040 Rotary Encoder I got quickly confused.