I would strongly suggest you use your turnsignals, always, without exception. You are relying on perfect awareness of your surroundings which isn't going to be the case over a longer stretch of time and you are obliged to signal changes in direction irrespective of whether or not you believe there are others around you. I'm saying this as a frequent cyclist who more than once has been cut off by cars that were not indicating where they were going because they had not seen me, and I though they were going to go straight instead of turn into my lane or the bike path.
Signalling your turns is zero cost, there is no reason to optimize this.
Its a matter of approach and I wouldn't say what I've found to work for me would work for anyone else.
In my experience, I'm best served by trying to reinforce awareness rather than relying on it. If I got into the habit of always using blinkers regardless of my surroundings I would end up paying less attention while driving.
I rode motorcycles for years and got very much into the habit of assuming that no one on the road actually knows I'm there, whether I'm on an old parallel twin or driving a 20' long truck. I need that for us while driving and using blinkers or my brights as motivation for paying attention works to keep me focused on the road.
Signaling my turns is zero cost with regards to that action. At least for me, signaling as a matter of habit comes at the cost of focus.
I am a frequent pedestrian and am often frustrated by drivers not indicating, but always grateful when they do!