Place heavy whipping cream in a stand mixer with the whisk attachment. Add coconut flavoring. This can also be done with a hand blender with whisk attachment but will take much longer. Blend in the stand mixer with a whisk attachment for 4 minutes on low speed and adjust speed going up to 6 as it thickens. This may take about 10 minutes to thicken. Once it resembles whipped topping then it's ready.

Fold in the can of sweetened condensed milk and 10 drops of red food gel. Get it to the red you would like to achieve. Then pour half the red mixture into a 9x9 inch square pan.

Mix in 2 drops of blue food gel to the white icing. Drop some of the blue in different places into the red. Do not stir or you will have purple. Just drop it in and then top with more red and more blue icing. When if freezes and the ice cream is scooped the marbled effect will happen.

Once the ice cream is all in the pan. Place in the freeze for at least 6 hours but best if froze overnight.

Scoop and serve!