'Chroma Range' mask refinement option, like Luma Range, but for colours

When Luma Range mask refinement was added, that was a revelation. It made masking so much easier and that much more flexible. I would love to see a similar feature added, that doesn't refine the lightness range, but the colour range. Setting the selection would be as simple as picking and editing a colour range, just like on the colour wheel in the Advanced Colour Editor.

The benefit of this would be that instead of only being able to adjust the HSL values, as you can in the Advanced Colour Editor, one would be able to adjust any properties for the colour selection. Combining Luma Range with a 'Chroma Range' option like this would offer immensely precise control over your mask refinements.