There isn't a hard or fast rule to where the idler is located. The tracks were tensioned with the idler, so it had some travel in it. The big hex head right behind the idler was a bolt that was turned to move the idler up or down, so the idler was only limited by the length of that bolt. Tracks were supposed to be kept taut but often had a litle sag in them, as can be seen by the hundreds of pictures out there, so I would do just a little sag, rather than a lot.
Rob