It indicates a f-fight (5)
I believe the answer is:
arrow
'it' is the definition.
The definition suggests a singular noun which matches the answer.
'a f-fight' is the wordplay.
'f-fight' becomes 'r-row' ('row' said with a stutter like 'fight' was; I've seen this in another clue).
'a'+'rrow'='ARROW'
'indicates' acts as a link.
Can you help me to learn more?
(Other definitions for arrow that I've seen before include "Missile for bowman" , "Quarrel, fired from crossbow" , "Missile with a straight thin shaft" , "Move swiftly" , "This points" .)