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#1 No can't use it like you think but yes you can use latching E-stop if you have one.
The fact you asked this shows me you don't fully understand how this E-stop system works so I'll expalin by...

Ok I've done you a quick Diagram but If your not going to listen your just wasting peoples time and I'm time short as it is.! So either take heed or don't waste my time asking questions your going to...