I want to redirect to a new page. However the page where my code goes is within an i-frame when I set the below code the page does a refresh/redirect but inside the i-frame. how do I set the target value? Is this possible using the below code?

<meta http-equiv="refresh" content="2;URL=http://www.mysite.com">

I'd say you should move this tag from the site in the iframe to the site which contains the iframe, but maybe if for some reason you can't do that, I think you need to use a JavaScript redirection instead.
Or even put a frame killer on the page you're redirecting too.

Thanks, I think I may use a javascritp redirection instead.

Both are bad ideas. The best thing you can do is to set up a real redirect by sending a Location header, with a 301 status code, which simultaneously redirects it (almost instantaneously, unlike meta refresh or JavaScript), as well as send a message to web crawlers that the page has a new, permanent location.

Here is one way to do this.

I don't think that's what he's looking for because he has a timer in his redirect.
Unless, of course, there's a way to do that with something server-sided. :P

I don't see any point to the timer whatsoever.

I would say that javascript is a pretty good idea