My understanding is that Heidegger's phenomenological
approach asks us to set aside the notion of a concept as a
referent to some objective state or entity present-at-hand. In order to approach the question of being, Heidegger must set aside terminology which has been burdened by Western metaphysics, which is characterized by its forgetfulness of being.
As an alternative, Heidegger employs concepts which are formal,
that is empty of objective content, and indicators, that is directings toward acts which may only be understood performatively.
The concepts of phenomenology cannot be severed or set apart
from the being, Dasein, seeking to understand the concept. "Being-in-the-World," a formal indicator, can only be understood by the reader through a self-reflective act. The concept does not refer to an object in the scientific sense.
If I understand formal indicators correctly, they function
semantically in ways similar to "variables" in symbolic logic. That is, aside from the specific train of thought in which a formal indicator appears, that particular indicator indicates nothing. However, within the specific scenario, formal indicators can be analyzed in relation to each other. This allows the phenomenologist to focus on ontological structure.