I have Experimented with ATF/Acetone 50-50 mix, and can tell you that
ATF itself stays wet, out in the open air, for months... Acetone, on the
other hand evaporates very-very fast in the open air. In the summer
heat, Acetone alone, sprayed on an object, will evaporate before your
very eyes. Cold weather keeps it from evaporating quite so fast.
Try it yourself, put an ounce of ATF in a small open lid of some kind, it will
stay wet for weeks.
Put an ounce of Acetone in a small open lid, and it will evaporate 1000 times faster than ATF.
So what good is a 50/50 mix when one part of the mix is gone quickly,
unless you want to spray your rusty part every hour, before the
Acetone evaporates.
I've used ATF and fuel oil, mixed 50/50 and that lasts, and keeps working
together for quite a long time on rusty or stuck parts.
.