The invention provides an image processing method and an image processing device, display equipment and a computer readable storage medium, belonging to the technical field of display. The image processing method comprises the steps of: acquiring two frames before and after of original images from the video image data stream; extracting feature elements that generate smear from the two frames before and after of the original images; using the two frames before and after of the original images and the feature element to generate a reconstructed image frame not including the feature element; andinserting the reconstructed image frame between the two frames before and after of the original images. The technical solution of the invention is capable o f eliminating smear and realizing low afterglow display.