Making and android app that can communicate with arduino and act as an display for arduino

Analog Displays

Consider these two ways for using gauges with App Inventor to use analog gauges (you asked for digital indicators) but may find it useful alternative.

Digital Display

You could do something like this to mimic a LED display
A seven segment font to display numeric data - #6 by TIMAI2 Tim use a clock font, perhaps you can use a LED font ( Google Search )