Not really, QuicKeys is more sophisticated than that. You click “Record” and do it manually and click the “Done” button, and what it has recorded as events is:
Select Menu [“view”, “folder options”]
Wait for Window [optional specify name] to appear
Window Selector [“Folder Options”]
Mouse Click [x, y coordinates of “Show hidden files” radio button, from upper left corner of active window, optional specify window name]
Button Click [“Apply”]
Button Click [“OK”]
On playback, it sends instructions to the OS that are more precise and much faster than “move the mouse here…now click…now drag down to this x, y coordinate…now release mouse button”. In the above recorded sequence, only the clicking of the checkbox option “show hidden files” is rendered as a mouse click or movement; the rest is menu commands or button clicks. On playback you get a brief flash, long enough to get the sense that a window was invoked and appeared, but it’s gone before you can read anything. And because the event it is issuing is based on things like “select that menu item” or "click the button labeled “such-and-such”, it plays back correctly even if you’ve changed resolution or added an auxiliary second monitor or something.
This is on QK 2.01 for Windows. By now QK-Win may directly support “Show hidden files in current window” / “Do not show hidden files in current window” as a single command.