The invention discloses an oil displacement system suitable for high-temperature and high-salt oil reservoirs. The oil displacement system is prepared according to the following method: in an inert atmosphere, in sodium formate, disodium edetate, ferrous sulfate, tetramethylethylenediamine, 4,4'-azobis (4-cyano Under the condition that base valeric acid), ammonium persulfate and hydrogen peroxide exist, monomer A, monomer B, monomer C, monomer D and inorganic component carry out copolymerization reaction in water, obtain gel; Said gel After chopping, add sodium silicate and sodium pyrophosphate, let stand to swell, dry and pulverize the swollen gel to obtain powder, which is the oil displacement system. The monomers adopted in the invention (all of which are acryloyloxy monomers) have relatively high activity, are easy to prepare high-molecular-weight products, have excellent viscosity-increasing properties, and are used in small amounts. The oil displacement system of the invention is easy to store and transport, and meets the requirements of environmental protection. The raw materials of the method of the invention are easy to obtain, and the preparation process is suitable for industrial production.