In this paper, we propose a new iterative learning control algorithm for sensor faults in nonlinear systems. The algorithm does not depend on the initial value of the system and is combined with the open-loop D-type iterative learning law. We design a period that shortens as the number of iterations increases. During this period, the controller corrects the state deviation, so that the system tracking error converges to the boundary unrelated to the initial state error, which is determined only by the system’s uncertainty and interference. Furthermore, based on the λ norm theory, the appropriate control gain is selected to suppress the tracking error caused by the sensor fault, and the uniform convergence of the control algorithm and the boundedness of the error are proved. The simulation results of the speed control of the injection molding machine system verify the effectiveness of the algorithm.