Green filamentous algae and it loves bright light and lots of nutrients.
I would reduce the fertiliser to a couple of times a week. if it continues after a month with twice a week fertilising, then reduce to once a week for a month and see if it helps.
Make sure you do a massive (80-90%) water change once a week before re-dosing with fertiliser. This prevents un-used fertiliser building up to high levels and potentially causing an imbalance. A lot of algae grow when there's an imbalance in the system. It might be from too much light or too much of one ingredient in the fertiliser. Doing a big water change before re-dosing helps keep everything at the correct levels so you don't get a build up of phosphorus, potassium or something else.
Try to gravel clean around the plants (going to be hard to do in your tank) or at least get among the plants to suck out any gunk that has built up there. This will reduce the unwanted nutrients that might be encouraging the algae.
Phosphorus (phosphate) isn't needed by most aquatic plants. Its main use is to promote root growth and thicken the cell walls in plants. This is great if you are growing bulbs or tubers in the garden but not that helpful in aquariums. Most aquatic plants have poorly developed root systems and take in most of their nutrients via their leaves. If you have a phosphate reading (yours isn't that high) it could be contributing to the algae. Reducing the fertilise regime to 2 times a week should help with this. If you still have a phosphate reading at the end of the week (just before you do your water change), then perhaps look for an aquarium plant fertiliser that doesn't have phosphorus in.
Potassium is another nutrient most aquatic plants don't use much of. In terrestrial plants it encourages flower and fruit growth. Most aquatic plants don't flower underwater but some do if they grow out of the water (Echinodorus, Hygrophila sp, Ludwigia sp). Vallis will produce small flowers that float on the surface. Water lilies and lotus produce flowers above the water (they send up a flower spike). Unless you are growing water lilies or lotus, you probably don't need any potassium in the fertiliser either. Phosphorus is more likely to cause algae problems than potassium is.