The invention provides a nacelle type propeller based on gyroscopic precession, and belongs to the field of ship equipment. The nacelle type propeller based on gyroscopic precession comprises a propeller, a casing, a hydraulic control valve, a nacelle main shaft, a heavy block, a hydraulic motor, a transmission shaft and a hydraulic cylinder, wherein the upper part of the casing is provided with the nacelle main shaft, the rotating shaft is arranged inside the casing, the left end of the rotating shaft is provided with the propeller, the right end of the rotating shaft is provided with the hydraulic motor, the heavy block is sheathed on the rotating shaft, the hydraulic cylinder is fixedly arranged on the rotating shaft, and the hydraulic cylinder and the heavy block are mutually connected. The invention provides the nacelle type propeller utilizing the gyroscopic precession theory for realizing the steering direction change, the steering direction is directly determined through the direction of the heavy block deviating from the main shaft, the structure is greatly simplified, meanwhile, the direct driving through the hydraulic motor is realized, a complicated mechanical structure is omitted, and the nacelle type propeller has the characteristics that the structure is simple, and the use is convenient.