I don't believe the bot can be restart from pause automatically. You need to resume and setup switches/counters for changing between simulation and real mode, or set switches/counters to reset the Bot profit/loss recovery, or count Fav loss / wins before start bet (ala:mcbee solution).
mcbee's count Fav loss solution: The counters for Favs are found in the "Favourite Selection Rules" in the bottom right hand corner, you should not need to switch between simulation/real mode using this technique. You will also need to set the number of wins counter in row to some large number say 1000, so don't start any bets until you get your 5 losses only, there should be only one win before it stops real bets again. You could also incorparate the Reset after win switch. The good thing about this solution is you can run it in simulation mode for testing.