The invention relates to a cooling type LED lamp. The cooling type LED lamp comprises a water pump, a water inlet pipe, a water outlet pipe, a cooling device, a water inlet cavity, a water spraying switch, a water outlet cavity, a cooling panel and lamp holders; the two ends of the water pump are connected with the water inlet pipe and the water outlet pipe correspondingly; the water outlet pipe is connected with the cooling device; the water inlet pipe is connected with the water inlet cavity; the water outlet pipe is connected with the water outlet cavity; the lamp holders are arranged in the cooling panel; the cooling panel conducts out heat generated by the lamp holders so that the lamp holders can be cooled; the water outlet cavity is formed in the periphery of the cooling panel; the water spraying switch is arranged between the water inlet cavity and the water outlet cavity, and the water spraying switch and the water inlet cavity are sequentially arranged in the periphery of the water outlet cavity; and the water spraying switch comprises a bottom plate, a top plate and a through hole. Due to the fact that adjustment can be performed according to the surface temperature of the lamp, the temperature of various positions of the surface of the lamp can be effectively controlled, it is guaranteed that the temperature of various positions of the surface of the lamp is kept basically the same, and therefore the service life of the lamp is prolonged.