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I decided that a non-VBA solution could be better for you (and should work irrespective of the complexity of the formula).
See the attached file where I've put your formula in cell C28 (with test values in the range A1:C26) and all the cells used in the formula of C28 are highlighted- change the formula in C28 and the cells will alter to suit (only if they're in C2 to C26 at present but that can be chnaged- see below).
The solution uses only conditional formatting. It involves a fairly complex formula to determine if a cell is mentioned in the formula in a given cell (C28 in you case)- the build up of that formatting formula is shown in the gold "box out" in cells F2:N17 of my file. The key bits are determining firstly the formula used in the desired cell (in bold below):
=FORMULATEXT($C$28)
(where the $ signs fix the address) and then getting the address of the first cell to be formatted (or not) using:
=CELL("address",C2)
(with no $ signs).
Excel function SUBSTITUTE strips out $ signs from both those and SEARCH checks to see if the stripped cell addess is in the stripped formula (and ISNUMBER is used to remove errors from the result of that, if not found).
The final formula (where values in bold might be changed in other workbooks) is
=ISNUMBER(SEARCH(SUBSTITUTE(CELL("address",C2), "$", ""),SUBSTITUTE(FORMULATEXT($C$28), "$", "")))
To apply this, I selected cell C2 (the "variable" cell in the formula above), went on ribbon Home/Conditional Formatting/New Rule... and Use a formula to determine which cells to format. The text from above is then pasted under Format values..., you pick a Format (I used a light orange fill) then Okay. That formats only one cell but then you go back to Manage Rules (not New Rule) and carefully change Applies to from =$C$2 to =$C$2:$C$26 and click Ok. The rule then applies to C2 to C26.
If you really don't know which cells might be included in the formula of C28 (or wherever), you could change the range to apply to a much bigger range. You can Edit the rule to change the fill colour (or font colour, bold, italics etc.).
Hope this is what you need.
REVISION 1: Replaced file and changed Answer to refer to cell C2 (slight error on original file)