No, the editor just controls the CC/PC commands that the pedal has, but it's just easier to set things up.Thanks. Please see my revised reply. I was editing it at the last moment, as you replied to it.
Now, are you saying that there is an editor that features a control for net volume?
Wet volume control should be enough to tame the volume spikes anyway, because it's the wet signal that can get too loud, your dry signal never goes above unity and the mix control takes care of the ratio. I think the wet control is mostly useful if your signal is too high when your mix is 100% wet (like maybe synth algo etc).