Hey guys, just wanted to share some info i found out when using Davinci Resolve.
I had some problem with pink highlights, especially when i wanted to sharpen my video.
After some trial and error i found a way to decrease the pink highlight and gain better sharpness without boosting the pinkyness.
RAW file with color space set to BMD Film for maximum Dynamic Range

CC'ed shot with sharpening applied

CC'ed shot with sharpening and pink removal

Basically what i did was to add a layer mixer node as very last step as you can see here:

The layer mixer node composite needs to be set to add in order to work for this removal.
Now the two nodes it created before the final layer mixer node are the ones where going to work in.
Set the top node to 0% saturation and pull down the Y gain on the bottom node like this:

Now what we did was separate the Chrominance from the luminance, this means that the top node contains the information of exposure and the bottom node contains the information about the color.
If we add a simple sharpening to the top node it only sharpens the black and white channels and doesn't touch the color noise meaning a cleaner/sharper image than you would have with normal sharpening.
Now we added some sharpening to the top node so we need to do the opposite thing to the bottom node.
So go ahead and open the sharpen/blur tab for the bottom node.

Make sure that you turn off the gang button (it's the tiny shackles on the top left in the picture above), this gives you access to adjust the levels individually.
Now these are the settings that worked for me in this picture, just try it on your picture because the settings could of course be a bit different.
If you pull up (meaning less color) the red channel radius you will see that the pink highlight is disappearing together with the red color noise if you shot at higher ISO's.
Now you can use the other 2 channels too to remove some more unwanted color noise, and this trick only removes the color from that color noise meaning more detail with noise reduction turned on instead of blurring the whole picture as the normal noise reduction does.
And there you have it, less noise, no pink highlights and a sharper picture WITHOUT losing detail!
Now i wouldn't say that this is the best or only way, it's just the only way i found out to do this.
Hopefully it could help some of you guys

P.s. sorry for my bad English, it's not my native language