I get quite clear symptoms from hypoxia. The most easily noticeable thing is the greyout, which is "transient loss of vision characterized by a perceived dimming of light and color, sometimes accompanied a loss of peripheral vision" (Wikipedia). Other signs are tingling in the fingers and just this strange hypoxic feeling that is hard to describe. For some reason I get the signs a bit more clearly and slower when doing dynamics than statics.
I've found that quite an easy way to get used to those feelings and learning to interpret them is to try to get yourself a packing blackout. The symptoms appear the same way in packing blackout and hypoxic blackout, except in a packing blackout it's possible to push the feeling a bit further without actually blacking out. Sometimes after packing you can actually completely lose your vision, yet still remain conscious. That's not possible with hypoxia. Sometimes I also get the greyout when I suddenly stand up after sitting or lying for a long time, especially if I'm dehydrated.
Of course, I don't recommend anyone to actually black out while doing those "exercises", so when you start to feel the symptoms, crouch or do some hook breaths. Or both. This way you can combine two exercises, learning to notice the signs before a blackout and teaching yourself to do hook breaths when you are close to the limit. Very useful.
One more important point is that no matter how well you know the warning signs, you will almost inevitably ignore them completely if you set yourself a spesific target before the dive. If you have already decided that you will try and go for distance X, you will go for it and while focusing on the meters and thinking how much more you still have to dive, you won't be able to recognize any of the signs. Or even if you recognize, you will just ignore them. That is just how your mind works. That's why I always try not to think about the meters at all during the dive or before it. I just try to decide that I will dive until I get the feeling I have to come up. And then I come up. That way I have done all my personal bests, because I don't have to stress and worry about the result, so the oxygen consumption is lower. I just dive and the result comes, well, as a result. In competitions this approach can be very difficult to execute, but it's what I always try to do.