This study presents a novel, coil-only magnetostrictive ultrasonic detection method that operates effectively without permanent magnets, introducing a simpler alternative to conventional designs. The system configuration is streamlined, consisting of a single meander coil, an excitation source, and a nickel sheet, with both the bias magnetic field and ultrasonic excitation achieved by a composite excitation containing both DC and AC components. This design offers significant advantages, enabling high-frequency Lamb wave generation in nickel sheets for ultrasonic detection while reducing device complexity. Experimental validation demonstrated that an S0-mode Lamb wave at a frequency of 2.625 MHz could be effectively excited in a 0.2 mm nickel sheet using a double-layer meander coil. The experimentally measured wave velocity was 4.9946 m/s, with a deviation of only 0.4985% from the theoretical value, confirming the accuracy of the method. Additionally, this work provides a theoretical basis for future development of flexible MEMS-based magnetostrictive ultrasonic transducers, expanding the potential for miniaturized magnetostrictive patch transducers.