The invention discloses an intelligent traffic light based on the signal control processing technology and a signal control method. The intelligent traffic light comprises a video detection device, an image processing module, an optimizing timing calculation module, a control module and a traffic signal display module, wherein the video detection device, the image processing module, the optimizing timing calculation module, the control module and the traffic signal display module are connected in sequence. Firstly, the video detection device shoots practical road conditions, vehicle queuing images are obtained, boundary operators are extracted through the image processing module according to the digital image processing technology, and a current vehicle queue length is worked out according to a built vehicle queue length model; then, vehicle queue length information is transmitted to a communication port of a single chip microcomputer through wireless communication, and the optimal green light duration is worked out according to the current vehicle queue length through a linear algorithm embedded in the single chip microcomputer. According to the intelligent traffic light based on the signal control processing technology and the signal control method, the traffic light changes intelligently according to traffic flow, and therefore the purposes of reducing traffic pressure, saving energy and reducing emission are achieved.