The eye detects and interprets motion, colors, and shapes (as you see in the article, the eye fills in shapes from points). Then there is the phi phenomenon (which you see used a dangerous intersections) (alternating flashing lights set apart look like one huge light).

So, if you wear reflective bands on your ankles, elbows, and a triangle vest, that's pretty good.

Or I put 3 flashing lights side by side on my bike seat bag of different colors.