This Actron Auto Analyzer Digital Multimeter performs all standard electrical tests for on-car and benchtop troubleshooting. Locate faulty wiring and test electrical components, engine sensors, ignition and fuel systems and starting/charging system voltage.
They're really pushing their credibility to call it an "Auto Analyzer". It's just a basic digital multimeter without any AC amps or low any AC voltage ranges.
There's no real difference between continuity and low ohms range, except a continuity range usually has a buzzer that sounds when the resistance falls below some minimum level.
Regarding the use of diode and ohms ranges for continuity. Both work by injecting a small current into the circuit, but the diode range displays the consequent voltage (typically in mV) whereas the resistance displays the voltage to current ratio. In the past I've used meters where (depending on the meter) they used either the diode or low ohms range for continuity, with a buzzer indicating when the measurement is suitably low so as to be a connection.