The invention relates to a simulated candle lamp which comprises a hollow shell and simulated candle flame equipment arranged in the shell. The simulated candle flame equipment comprises a lamp wick, a light source, a driving mechanism and a control circuit; the lamp wick comprises a reflecting part, a pivoting part and a pendulum bob which are integrally formed; the pivoting part is positioned between the reflecting part and the pendulum bob; the lamp wick is arranged on the shell in a pivoting manner by the pivoting part; the reflecting part extends out of the shell; the pendulum bob is positioned in the shell; the light source is arranged on the shell; light emitted by the light source is slantingly irradiated to the reflecting part of the lamp wick after being condensed; the driving mechanism is arranged below the lamp wick; and the control circuit is used for sending a driving signal to the driving mechanism to enable the driving mechanism to intermittently generate an acting force on the pendulum bob so as to enable the lamp wick to shake in the fluctuating rhythm. The fluctuating natural shaking effect of the lamp wick of the simulated candle lamp is closer to the flickering shaking effect of flame of an actual candle, so that joyful emotion and relaxed mood can be brought to people. The invention also relates to the lamp wick.