Well the 'range' indication is the flash telling us what is the maximum and minimum distance that it can correctly expose a subject given the ISO, Aperture and Zoom settings .... these settings are the user telling it what the camera has set. In 'Auto' Wireless mode there is no communication of this information at all between the camera and flash .... it has to be manually input.
In Manual Wireless mode then the indication changes to a single distance unit .... eg '4m', not a range, and this takes account also of the actual manual power setting on the flash (1/16, 1/64 etc). So the indications are responding exactly to the ISO, Aperture and Zoom inputs from the user.
Of course, in Auto mode (which uses the light sensor on the flash to judge the final output based on reflected light) it is up to the user to either set the exact same settings on the camera, or 'trick' the flash into outputting a different amount of light in order to control the exposure as needed.
I just saw your post come in msowsun .... I think Peterson uses it for practical flash and subject placement, or power tweaks if the distances are fixed. I accept though that someone has to find a particular workflow approach to build it into to make it helpful, but if you can do that then it is a very accurate and efficient way to get your flash exposures spot on first time.
I was just really making the point that I find it interesting that my 'auto-thryster' mode on my Pentax unit can still give the range and distance indications even off-camera .... precisely because the calculations are performed by the flash based on the directly input settings, and do not depend on any camera to flash communication.
They aren't giving you distance indicators. They are giving you limits. Of course that doesn't change on or off camera.

