This is a demo of the standard LED running lights that many know of, the only thing different is that you can try out the project on this page by a javascript simulation i made.

Press the Red button below to turn on the circuit press it again to turn off, i have put a new battery and did the wiring for you. The Red LED will flash according to the state of the 555 output at pin 3. The decade counter-divider CD4017 has 10 outputs, for every low to high transition, rising edge, the counter advances one LED. After going one full circle the the first LED lights again and it goes on.....

You can vary the value of  R2 using the controls below to make LEDs run fast or slow. The frequency of oscillation of astable 555 is given as    f = 1.44 / ((R4 + 2 * (R2 + R3)) * C3).

The 10 outputs have 10 green LEDs.  The current thru the LED is limited by R1, the current can be calculated like this (9V - 1.6V) / 1K = 7.4mA  this is within 20mA which is the danger limit of the CMOS output. You want it to be bright use transistors for every output.

You can cascade or chain many more counters with the CO or carry out pin 12 of 4017. The pin 15 reset is kept at low for counting, on high it will reset the counter but is not used in this circuit.(More logic than just cascade if you want just one LED to run say in a chain of 100 LEDs, but that may not be decorative)

This is a Gadget Tutorial for this Article LED Running lights CD4017. This Demo shows LM555 running a CD4017 Counter to drive Ten Leds sequentially.

Get LED Running lights CD4017 gadget.