Hedge Trading | Foreign exchange EA download-MT4/MT5 resources-MetaTrader 5 resources

I tried a hedging system that was very simple and required no charts.
This is what I do.
Buy 1 lot or multiples of EUR/USD and buy 1.23 lots of USD/CHF
No S/L or TP
Use 50% of your account, i.e. 25% per leg
The reason the lot sizes are different is that EUR/USD 1 pip = USD 10 per standard lot USD/CHF = USD 8.13 so we just made a lot of approx. = dollar value, that's the reason for the difference.

Since the Swiss Franc and Euro roughly mirror each other, the system will see constant profit/loss throughout the day. They are not exactly the same, so we wait for the differences to bring us profit. It acts like a sine wave, constantly moving from profit to loss throughout the day.
The key is to grab profits, which should be 0.5-1%, and then reinvest with compound interest, which can bring up to 7% every day.

Is there anyone familiar with this kind of thing? I just started trying it last week. I easily earn 0.5% per day by trading manually

Is there an EA that automatically trades, i.e. takes a set profit and reinvests it?

I read this on a website that was more interested in multi-level marketing of the system than the system itself.

Please add your thoughts, ideas and experiences with this system,
Thanks