The invention discloses a movable arm energy-saving control system which comprises a first oil tank, a variable pump, a motor, an overflow valve, a one-way valve, a three-position three-way electromagnetic directional valve, a movable arm oil cylinder, a first pressure sensor, a first hydraulic one-way valve, a two-position three-way electromagnetic directional valve, a first two-position two-way electromagnetic directional valve, a second oil tank, a second two-position two-way electromagnetic directional valve, a second pressure sensor, a constant displacement motor, a variable displacement motor, an optical-electricity encoder, a second hydraulic control one-way valve, an energy storage device, a third oil tank, a third two-position two-way electromagnetic directional valve and a computer. The movable arm energy-saving control system adopts a hydraulic energy recovery mode that a hydraulic transformer composed of the constant displacement motor and the variable displacement motor is used as an energy converting component, and the hydraulic energy storage device is used as an energy storage component, has the advantages of being safe, low in cost, high in efficiency and the like, has great development potentiality in engineering machinery, and especially has important development potentiality in saving energy of hydraulic excavators.