The Best Forex Oscillator indicators for the MT5 platform are available on our website. These indicators cover a range of indicators that traders use to determine if the market is overbought or oversold. In order to determine if the market is currently overbought or oversold, oscillators measure the momentum of a price movement. These indicators often show whether the market is overbought or oversold by drawing a line on the chart that oscillates between two extremes. To improve your chances of profitable trading, combine these indicators with other indicators and trading techniques.