If you think about it, a lens hood has two functions
- protect the front element from bumps and bangs
- shade the lens from direct light that can cause flare (or loss of contrast, called 'veiling flare)
You can deal with the second issue just by shading the front element of your lens. You might more to shade, or have an assistant hold, say, a hat so it shades the lens. If the camera's on tripod, you can block the sun yourself, The cinema guys have something called a 'french flag' (works just like the 'barn door' flaps on a stage light) but those cameras have a cage, with easy mounting points for stuff like that.
I've seen a few shade flaps designed to attach to a camera hotshoe with adjustable arms of gooseneck. Dinkum Systems makes the gooseneck style, GlideGear the arm style.
Neither of these protects your front element. I think you're stuck with a screw-in hood for that. I haven't used the magnetic filter attachment system, but I'd question how much protection a magneted-on hood might provide.