You've got one, or two Oscars? Okay, 85 gallons is going to be big enough for one Oscar and maybe one small tank mate, certainly not big enough for all the fish you've got at the moment. I would get rid of the electric blue, that's an African Cichlid and will be much better off living with its own kind.I would also find a new home for the blood parrots, you will not have room for them as well as the Oscars. so really, you're just left with the Oscar and the fish that you don't know the name of.
Okay, your nitrites and ammonia are too high. You will only have the same problem if you transfer the fish into an uncycled tank, I would suggest that you cycle the new tank before adding the Oscars, we will try and sort out the small tank and make it safe for the time being. unfortunately, I think you're going to have to get rid of some fish. I would also suggest you get something like prime, this will detoxify ammonia and nitrite so at least it will take some pressure off the fish until you have cycled it properly. For the time being, do a 25% water change on the 40 gallon tank every other day making sure you use a water conditioner to remove chlorine. I would leave your filtration alone for the time being, if you start washing it out, you're just going to start removing beneficial bacteria.
Test the water everyday so you can monitor ammonia and nitrite.
Unfortunately, it's very difficult to get get on top of poor water conditions if you have too many fish. Ammonia and nitrites are fish killers, if you have anything above zero, you are putting your fishes health at risk.