对冲交易 (Hedge Trading)

I have experimented with a hedging system, very simple, doesn't require charts.
Here is what I do.
Buy 1 lot or multiple theroff of the EUR/USD
Buy 1.23 lots of the USD/CHF
No S/L or TP
use 50% of your account, ie 25% per leg
the reason for the different lot size is due that EUR/USD1 pip = $USD10 per standard lot
USD/CHF = $USD8.13
So we are just making our lots of approx. = dollar value, that is why the difference.

The system will constantly go to profit/loss throughout the day, as the CHF & the EUR approximately mirror each other. They are not exactly identical, hence we wait for a disparity to make us profits. It is 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%, then re-invest by compounding, which can bring up to 7% daily.

Anyone familiar with this sort of thing? I have only been experimenting with it all last week. By manually trading I have been easily making 0.5% daily

Is there an EA which will auto trade this, ie grab a set profit & re-invest?

I read about this on a site which is more interested in Multi level marketing the system rather than the system itself.

Please add your thoughts, idea's & experiences with this system,
Thanks