Description: Oscillator indicators are mathematical tools that move between two extreme values, often indicating overbought or oversold conditions. They help traders identify trend reversals, potential entry, and exit points based on momentum shifts.Key takeaways:1. Oscillators provide insights into price momentum and potential trend reversals.2. Common Oscillators include the Relative Strength Index (RSI), Stochastic Oscillator, and Moving Average Convergence Divergence (MACD).3. These indicators are particularly useful in range-bound or sideways markets.Counter arguments:1. Oscillators may produce false signals during strong trends, as they might stay in overbought or oversold territory for extended periods.2. Oscillators are best used in conjunction with other technical analysis tools to increase their reliability.