This node is for using the Cinema 4D's Mograph Color Shader with Octane. To use this shader, you should have an average knowledge of Cinema 4D's Mograph, Effectors (especially the Shader Effector) and the Color Shader. You can find an online tutorial or you can read the Cinema 4D help file for these.
In figure 1 below, the Mograph Color Shader is linked to the Diffuse channel of the parent material and the parent material is assigned to the Cloner object.
Figure 1: A Mograph Color Shader setup.