Welcome to the hobby! There's a lot more going on in our systems than just nitrates, phosphates, calcium, alkalinity and magnesium so I'd be doing consistant water changes irregardless of test results for the parameters you're looking at. As you're new to reefing I would encourage you to test weekly to get an idea of how parameters can change independantly and to get an idea of how fast or slow they can change as your animals grow. Water changes may keep up with some parameters initially but as your corals grow that may not tbe the case and you need to be ready to deal with variables independantly. I would also encourage you to check out these links to get a better understanding of the microbial and nutrient processes or cycles going on in your system:
Aquabiomic's article is a good start to understand how live rock will help establish a healthy microbiome
Studying the effects of live rock in a newly established aquarium shows that high-quality live rock promotes the rapid establishment of an effective biological filter and a microbial community similar to those found in mature reef tanks.
www.reef2reef.com
Here's some links by scientists studying reef ecosystems you might find informative:
"Coral Reefs in the Microbial Seas" This video compliments Rohwer's book of the same title (Paper back is ~$20, Kindle is ~$10), both deal with the conflicting roles of the different types of DOC in reef ecosystems. While there is overlap bewteen his book and the video both have information not covered by the other and together give a broader view of the complex relationships found in reef ecosystems
Changing Seas - Mysterious Microbes
Nitrogen cycling in hte coral holobiont
BActeria and Sponges
Maintenance of Coral Reef Health (refferences at the end)
Optical Feedback Loop in Colorful Coral Bleaching
Richard Ross What's up with phosphate"