Just a note that some of the sections of the bow around Cochrane are currently closed to fishing until April 1, so you'll likely have to travel a bit downstream to chuck a fly. I'm assuming you'll be checking regs anyway, but just wanted to point it out.
From first dam below Hwy 1X downstream to Ghost Reservoir (not including the reservoir), & tributaries except Ghost River
Nov. 1 to Mar. 31 – CLOSED
From (Ghost Dam) downstream to Bearspaw Reservoir (not including the reservoir), & tributaries except Jumpingpound Creek
Nov. 1 to Mar. 31 – CLOSED
Regarding which flies and how to fish them your best bet is probably nymphing under an indicator as suggested by Bee. I'd suggest using a san juan worm as the first fly with something else suspended below that. Use a touch of weight if necessary to get your flies down quickly, and if you're not occasionally dragging the bottom with your setup you should set the indicator so that you're going deeper.
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