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I tried to blink the following box to achieve the following
1. faster its current blinking frequency (double).
2. to brink two times and stop as RED().
I am using =if(odd(second(now())),RED(),0)
Note the last sentence :
Returns a timestamp of the current time from the system clock. The timer_mode may have the following values:
0 Time at previously finished reload (not currently ongoing reload)
1 Time at function call
2 Time when the document was opened
Default timer_mode is 1. The timer_mode = 1 should be used with caution, since it polls the operating system every second and hence could slow down the system.