If hobby grade ICP is as accurate as they stated, the “back-yard-liquor” method can be done in long term.
Even then, it is much more expensive and time consuming than just change water. An ICP-test is about $45 to $50, plus the money to buy those additives. At the same time, a bucket of 160 gallon ReefCrystal is $39.99.
If you like to follow the “back-yard-liquor” method, you can buy those chemicals dirt cheap online and mix your own. Those $19.99 a bottle of elements will cost you about $1 each, which 75 cents is the cost of the bottle.
But plenty of these element dosings are not necessary, by bi-weekly 15% water change or monthly 30% water change, the needed trace elements level will be fine. Also many trace elements in the sea water do nothing at all to coral or fish, then some of them will become toxic if overdosed.
With or without water change, keeping Alk and Calcium up with dosing still needed.