Soil erosion and the consequent loss of nutrients have consistently been significant factors contributing to land degradation and nonpoint source pollution. While runoff serves as the primary carrier for nutrient loss, the hydraulic processes governing the mechanisms of nutrient loss remain not entirely clear. This paper aims to investigate the impacts of rainfall intensity and the slope gradient on hydraulic parameters, soil loss rates, and ammonia nitrogen loss rates, with the objective of determining the optimal hydraulic parameters for more accurate predictions of soil erosion and nutrient loss rates. A series of simulated rainfall experiments with three rainfall intensities (25, 50, and 75 mm min−1) and four slope gradients (8.7%, 17.6%, 26.8%, and 36.4%) were conducted on a 5 m × 10 m slope. The results indicated that the flow velocity, shear stress, stream power, unit stream power, and unit energy all increased with the increase in slope gradient or rainfall intensity. The water depth decreased with an increase in the slope gradient but increased with an increase in the rainfall intensity. Laminar flow occurred in all experiments (Reynolds number < 500). Only the overland flow under a 25 mm h−1 rainfall intensity and 8.7% slope gradient was subcritical flow (Froude number < 1). Hydraulic parameters, the soil loss rate, and ammonia nitrogen loss rate could be all expressed as the product of rainfall intensity and slope power function, with R2 ranging from 0.949 to 0.997. The average soil loss rate and process soil erosion rate could both be fitted using the power function of hydraulic parameters, with the optimal fitting parameter being stream power (R2 = 0.980 and 0.909). The average ammonia nitrogen loss rate exhibited a linear relationship with the hydraulic parameters, and the optimal fitting parameter was also stream power (R2 = 0.933). However, there were relatively low correlations between hydrodynamic parameters and the ammonia nitrogen loss rate (R2 = 0.450–0587). Our results contribute to a deeper understanding of the hydraulic processes involved in nutrient loss.