Reef Fool,
Let me ask the question....
What are your Phosphate readings and how often do you feed....?
If, your phosphates are high, then you need to do proper water changes with R/O water. If they are not, than your source is something different.
Regarding the feeding table... If you feed daily, cut to every other day and cut down the amount you feed. Rule of thumb, feed your fish enough for each to eat about the size of their eye once at most twice....
Don't ask me where I got the rule of thumb, but I read it some where and have been doing this for about 8 months with no problems and you should have seen my tank before I took some action.
Red slime is really not the end of the world and it really does not take that long to get rid of, but you must find the source.
Good luck...!