Ok so now I managed to get a version which enables me to use cron.exe. But still I'm confused hahaha. Well this is what I got but I have no idea if it's working (finally got it to stop giving me errors and bleeps)
Rule: FILE-EXIST: "C:\xampp\htdocs\mysite\ow_cron\run.php"
Same thing needed, I need the run.php's script to be run every minute but I can't help but feel that something is missing form "Action:" Again any help is severely welcome.