Making... -  "Making...of none effect" is a Greek verb used only here and in a similar verse of Matthew 15:6. It means "to cancel", "to set aside," and "render powerless."

the -- The word translated as "the" is the Greek definite article. The Greek article is much closer to our demonstrative pronouns ("this", "that", "these", "those"). See this article for more.  Here, the "this" clearly refers to the commandment "honor thy father.:"

word --  (CW) "Word" is translated from a Greek word that means "calculation," or "reasoning." It is the source of our word "logic" and is the root word for all the English words that end in "-ology." Most biblical translations translated it as "word" for somewhat poetic reasons. More about this word in this article. In English, we would say "idea" to describe it. 

of  - This comes from the form of the following article and noun.

missing "the/this"  -- (MW) The untranslated word is the Greek definite article," the," which usually precedes a noun and, without a noun, takes the meaning of "the one." The Greek article is much closer to our demonstrative pronouns ("this," "that," "these," and "those"). See this article for more. 

God -- The word translated as "God" means "God" and "deity." It is introduced with an article, so "the God." Jesus often uses it this way perhaps to indicate the one God as opposed to the pagan gods.

of none effect -- This finishes the concept of the verb above.

through -- This word "through" comes from the dative case of the following word that requires the addition of a preposition in English. The most common is a "to" for the English indirect object. However, the translator can choose other prepositions: "with,"  "in,"   "of,"  "as," "by," "for," "at," or "on" depending on the context.

your -- The word translated as "your" is plural addressing a group of Jesus's listeners. It comes after the noun so "of yours."

missing "the/this"  -- (MW) The untranslated word is the Greek definite article," the," which usually precedes a noun and, without a noun, takes the meaning of "the one." The Greek article is much closer to our demonstrative pronouns ("this," "that," "these," and "those"). See this article for more. 

tradition, -- "Tradition" is from a noun which means literally "handing over" and it used to mean "handing over" and "passing down." It is used to mean the "transmission" of legends, "bequeathing" of an inheritance," or that which is handed down such as "tradition", "doctrine," or "teaching."

which -- The word translated as "which" is a demonstrative pronoun ("this" "that"), but it often acts as a pronoun ("the one that), especially a connective pronoun ("the one that") introducing a dependent clause.

ye  -  This comes from the form fo the following verb, second person, plural.

have -- (WT) This helping verb "have" indicates that the verb is the tense indicating an action completed in the past. This is not the tense of the verb here. The verb is a form that indicates something happening at a specific point in time, past, present or future.

delivered: -- "Delivered" is a compound word that literally means "to give over." It is often translated in the KJV as "betray," but it has no real sense of that. Here, the sense is "handed down."

and -- The Greek word translated as "and" is used as the conjunction "and", but it also is used to add emphasis ("also"). In a series, it is best translated as "not only...but also." After words implying sameness "as".

many -- The word translated as "many" means many in number, great in power or worth, and large in size. However, since this word comes at the end of a series of adjective, the sense is more of a noun, myriads.

such  -  "Such" is an adjective that means "such as this", "so great a thing", ""such a condition", "such a reason", "and suchlike." This "many such things phrase should follow "like."

like  - (WP) "Like things" is an adjective that is only used by Jesus in this verse, It means "closely resembling," and "nearly equal." This word comes first in the series of adjectives, not last.

things - There is no word, "things," in the Greek source, but this word comes from the neuter, plural form of the previous adjective.

do -- The Greek word translated as "to do" has the primary meaning of "making" or producing" something or "causing" or "performing" as service. It describes a productive action.  It is not as broad a word as the English "do", which covers all actions, productive or not. 

ye.  -- This is from the second-person, plural form of the verb.