Testing the water gives the pond owner and the people he/she is asking advice from a basis for solutions and providing useful advice.
Bacteria need nitrogen in it's various forms; ammonia, nitrite and nitrate for their food, they also need oxygen, carbonates, magnesium and trace minerals to perform their life functions.
A proper balance of minerals using KH and GH measurements will ensure that PH remains stable.
Any outdoor pond will receive some degree of organic matter. Leaf litter, topsoil dust, animal droppings, bugs that live and die count as organic matter. Organic matter contains nitrogen.
Phosphate testing is really only useful before string algae shows up, but if the presence of phosphate is detected, perhaps the pond owner can take action before string algae becomes a real problem.
Testing can be tedious, but I for one, think that in the early stages of pond set up and pond keeping, it helps with understanding the pond health and eventually water testing for the most part can be accomplished by basic observation.
I do agree that chasing the PH number alone is not a good idea.
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