Why does stop limit minimum exist?

[PeterA]

Pls remove "Stop Loss value is too far from the current market price" - Solved

Hello, The idea of the limitations was to prevent users from abusing fake spikes and price discrepancies in the event of a technical malfunction - due to the constant improvement of the technology used and the quality of the feed received, those measures are much less needed nowadays. We are planning on removing the minimum distances and make the max distances much more flexible in general. Until we have the aforementioned completed, you can give us the instrument that you find the limits of, …