It is well known that the deformation and damage of reservoir colluvium landslides are often determined by the combined dynamics of reservoir water level change and rainfall. Based on the systematic analysis of the change law of reservoir water level, rainfall and displacements of reservoir colluvium landslide, this paper proposes the compound hydrodynamic action of rainfall and reservoir water as the unload-load parameter, and the landslide displacement as the unload-load response parameter. Based on this, a physical prediction model of the compound hydrodynamic unload-load response ratio of reservoir colluvium landslide was established, and the quantitative relationship between the compound hydrodynamic unload-load response ratio and its stability evolution was in-depth analyzed and determined. On the basis of the above research, taking Shuping landslide, a typical hydrodynamic pressure landslide as an example, the unload-load response ratio model is used to systematically evaluate and predict the stability evolution law and the change trend of the landslide under compound hydrodynamic action. The prediction result shows that the variation law of the compound hydrodynamic unload-load response ratio is consistent with the dynamic evolution law of its stability. Therefore, the above studies show that the compound hydrodynamic unload-load response ratio parameter is an effective displacement dynamic evaluation parameter for reservoir colluvium landslides, so it can be used in the prediction of the reservoir colluvium landslides.