1. Press Alt + F11 keys simultaneously to open the Microsoft Visual Basic for Applications window.
2. In the Microsoft Visual Basic for Applications window, click Insert > Module. Then copy and paste the following code into the Code window.
VBA code: Blinking text of specified cell in Excel
Sub StartBlink()
Dim xCell As Range
Dim xTime As Variant
On Error Resume Next
Set xCell = Range("Sheet2!A1")
On Error Resume Next
If xCell.Font.Color = vbRed Then
xCell.Font.Color = vbWhite
Else
xCell.Font.Color = vbRed
End If
xTime = Now + TimeSerial(0, 0, 1)
Application.OnTime xTime, "'" & ThisWorkbook.Name & "'!StartBlink", , True
End Sub
Note: in this VBA code, Sheet2 and A1 indicate the text in cell A1 of Sheet2 will be blinked in current workbook.
3. Press the Alt + Q keys simultaneously to close the Microsoft Visual Basic for Applications window.
Now you need a button to start and stop the blinking.
4. Click Developer > Insert > Button (Form Control). See screenshot:
5. Draw a button in your worksheet, then an Assign Macro dialog box pops up, please click StartBlink in the Macro name box, and then click the OK button. See screenshot:
6. Right click the inserted button, and click Edit Text from the right-clicking menu. Then change the button text to the text you need such as Start / Stop Blinking.
From now on, when clicking on the button, the text of cell A1 starts blinking. And when clicking on the button again, the text of cell A1 stops blinking.