With all this emphasis on reducing nitrates & phosphates in reef tanks, it seems like it has created the assumption that nitrates & phosphates are toxic to coral, when in fact they are beneficial. The problem arises because these beneficial "nutrients" also benefit algae, and algae has an easier time outcompeting the coral for resources/real estate. So to me, it seems like limiting algae is a more important goal than limiting nitrates & phosphates. But how to do so when the best way to limit algae is to limit nitrates & phosphates?
Well, it helps to keep in mind that there is a third "nutrient" that is beneficial to both coral and algae, but one that we can't test for. That third substance is carbon. Carbon comes in a lot of forms, both short-chain and long-chain. People smarter than me have noted that algae have an easier time utilizing long chain carbons than coral do, suggesting that what type of carbon you have in your tank DOES make a difference. I'm no scientist, but if I had to guess which of our many gadgets would be best at breaking down carbon chains, a UV lamp would be near the top of the list.
So how do you limit carbon, especially when you can't test for it? Besides running GAC and UV, the best way I can think of is aggressive detritus removal. Personally I achieve this by frequently stirring my sand while using mechanical filtration.
I guess my point is, if you're good about detritus removal (through the use of CUC, GAC, UV, skimming, & sand stirring) then you won't need to keep nitrates & phosphates in that dangerous ULNS zone; the ideal parameters for your tank will widen, meaning more room for error and fewer swings/blooms like you're experiencing now.