You asked to slide through (range 5) at step 1.
In my opinion, it's fair to get the sequences (0 1 2 3 4), (1 2 3 4), (2 3 4), (3 4) and (4) as a result.
You also asked to limit the results to 3 elements, which results consequently in what you see:
(0 1 2) ;; Two elements cut off
(1 2 3) ;; One element thrown away
(2 3 4) ;; Nothing got cut
(3 4) ;; dito
(4) ;; dito