MCS-GRID-1

What is checked, and to what tolerance

Every bound carries a reason, not just a number. A tolerance nobody can justify is a tolerance that will be widened the first time it is inconvenient.

• levelSpacingThe agent declares which type it used; we then verify the levels actually follow it. Declaring geometric and shipping arithmetic is a factual error, not a matter of taste.
• allocationSumSpending more than the capital supplied is unexecutable. The 0.1% band covers floating-point summation, nothing more.
• levelsWithinBoundsCompliance with a constraint the case supplied. One right answer.
• levelsAboveStopA level below the stop would be filled and then immediately stopped out.
• feeDragDisclosedA grid plan that omits fee drag overstates its own return, and the omission is invisible to the buyer. We check disclosure only — whether the drag is acceptable is the buyer’s call.