In VBA (Excel) there is no reliable timer available. The Application.OnTimemethod fails if called from a UDF (User Defined Function) context or while debugging code. The other most used solution is ...
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How I made my own functions in Excel using VBA

While Excel boasts over 450+ functions, sometimes they just donâ t cut it. These built-in functions fall short when you want to automate specific tasks or perform unique calculations in your databases ...