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The phrase "a single indicator of" is correct and usable in written English.
It can be used when discussing a specific measure or sign that represents a larger concept or trend.
Example: "The unemployment rate is often seen as a single indicator of the overall health of the economy."
Alternatives: "a sole measure of" or "a lone sign of".
Exact(33)
Considerations of model accuracy, complexity, and explanatory depth are combined into a single indicator of model effectiveness.
In literature, an effective method enabling the classification, based on a single indicator, of habitats that need a priority protection intervention has not been identified yet.
In 1983 Jorgenson and Slesnick recovered measures of welfare for each household from systems of individual demand functions and combined these into a single indicator of social welfare that incorporated both efficiency and equity.
Our results further highlight that relying on total forest cover as a single indicator of conservation outcomes can lead to misleading conclusions about the impacts of forest protection strategies.
As this may seem impractical in a risk-management context, it is proposed to introduce "a-posteriori subjectivity" (as opposed to the "a-priori subjectivity" introduced by the arbitrary selection of single probability distributions) by defining a single indicator of evidence as a weighted average of Plausibility and Belief, with weights to be defined according to the specific context.
For the studied non-linear systems with energy dissipating devices the value of the correlation coefficient do not relate to the sequence of the fragility curves and consequently cannot be used as a single indicator of the appropriateness of the predictive linear equations.
Similar(27)
* 3.6 QALYs = 4 years × 0.9 Units of Utility); (1 QALY = 2 years × 0.5 Units of Utility) Despite the advantages of using a single indicator to measure the effectiveness of health-care interventions, QALYs have been widely criticized on ethical, conceptual and operational grounds [ 10, 11].
Furthermore, the results clearly indicate that the force deformation diagram cannot be used as a single indicator for judging the accuracy of a model for the fracture behaviour of materials.
The 2000 Pilot Environmental Sustainability Index (ESI) is an exploratory effort to construct an index that measures the ability of a nation's economy to achieve sustainable development, with the long term goal of finding a single indicator for environmental sustainability analagous to that of the Gross Domestic Product (GDP).
But the unemployment rate experience has proved the folly of relying on a single indicator to represent the overall state of the economy".
In this study a single indicator for environmental impact assessment of BIPV is investigated in the Netherlands.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com