I love magic shell and it is so good over fresh homemade summer ice cream.
Here's my version...
1 cup virgin coconut oil (virgin oil gives that slight coconut flavor)
1 1/2 cup chocolate chips (you can use peanut butter or other flavored chocolate)
Combine the oil and chocolate chips in a microwave-proof bowl. Microwave for 1 minute on HIGH. Stir until smooth. Pour melted chocolate mixture into a chocolate candy melting bottle. Place bottle in a cool dry place. You will not need to refrigerate. If this sets up or begins to thicken; heat in the microwave for about 30 seconds.
*Note: You can add a couple of drops of flavoring oil. You will find this in the chocolate melt supply isle of your local craft store. Experiment with your favorite chocolate and flavoring oil. I love white chocolate melts and creme de menthe flavoring oil. Another favorite is dark chocolate and raspberry flavoring oil.