I use the energy setting for the battery indicator, not miles, because of what I have read over the years from more seasoned Tesla owners, and from my own 2+ years of experience. The battery indicator is only that, an indicator of state of charge. The display of miles is simply SOC in % times the EPA rated range (or the ideal range if that option is selected in Settings). It is not in any sense a predictor of the expected range you have available today with your driving style. It is accurate only if you drive in such a way that your car uses energy at exactly the rate implied by the EPA rating. But that is rare for anyone to achieve over a prolonged period, because of variations in ambient conditions, speeds, etc. Plus, from everything I have read, the battery management system is really not able to accurately calculate the SOC, especially at or near 100% charge. So, relying on the battery indicator as an indicator of range is misleading at best. At least, that is how I have distilled the hundreds of discussions of this topic that I have read over the past 3 years.
For the estimated range, the consensus seems to be to use the Energy application. Set it to calculate your average energy use for the recent driving that best suits what you are doing now (i.e. pick the setting of 5, 15, or 30 miles that best approximates what you think you will do on the next leg of your trip). And use the Navigation system when you are on a long trip so that the Energy app will build the graph of predicted energy use. It is not perfect (it accounts for elevation but not speed or temperature), but you can use it to monitor your current and predicted SOC and know if you will get where you are going without needing to charge more than you expected.
The other thing I do is to use the Trips data to develop a working feel for my energy use under various conditions. That way, I can compare my recent energy use with my long-term average and mentally account for the difference. For example, I know that my car's long-term average energy use is about 10% more than the EPA rated use (292 Wh/mi for my 70D). And I know that I can achieve the EPA average, or less, in nice weather in spring and fall when there is little need for either heat or AC, at moderate speeds. And I know that running errands on a cold winter day in New England will easily consumer energy at a rate of double the EPA rating or more (400-500 Wh/mi is not uncommon to see on such occasions). The battery indicator would be useless as a range indicator under such conditions.
Don't mean to lecture, but I hope that is helpful.