Volatility Percentile

In this script, we look at 3 volatility indicators percentile distribution
1. VIX
2. VIX/VIX3M
3. VVIX/VIX

Default value of percentile lookback is 1 month = 21 periods on the daily chart.
A general observation is when the percentile drags along the 0th/100th mark, is when we get the "trend" part of the volatility move, before a reversal. This is not a set-in-stone observation, and should not be used as a guidance for trade entries/exits.

Feel free to use, and comment if any observations.