This is a partial duplicate of the following feature with an additional request:
Currently Gesture Indicator is fully opaque and is permenantly on. Unlike the microphone icon, it does not have transparency, and unlike the gesture lock, it does not fade out. This makes it jarring against the UI, and means it is always there. Quite often users only want a glance to see their gesture worked and then for it to dissapear and get out of the way.
I did my own implementation of this via OSC and a SteamVR overlay here, as an example of what I personally would like: https://twitter.com/MeroFune/status/1553121845867577344