I’ve never liked trying to make one leader do everything, either. The inherent compromises in a do-it-all leader are too great — performance for each tactic suffers. And I know many anglers who agree; they carry both a long leader for tight line nymphing and a dry fly leader. After all, there’s a world of difference in the expectations for those two styles.
But here’s the thing: Indicators are often added to our leader as an afterthought — which leads to another compromise. We’re left with a tool that is not well suited for the job. It works, but it could be better.
So for many years I’ve carried a third leader dedicated to indicator nymphing. And built into the leader are three features which are specifically up to the task of floating nymphs under an indy.