In order to reduce the residual stress of the GH4169 alloy, the effect and micro-mechanism of the tensile deformation were studied. The residual stress, dislocation density, and distribution of the GH4169 alloy were analyzed by X-ray residual stress tester, X-ray diffractometer (XRD), and electron backscatter diffraction (EBSD). The results show that: with the increase of tensile deformation, the residual stress relief first increases and then decreases. When the tensile deformation is 3%, the reduction rate of residual stress reaches the maximum, which is 90%. The mechanism of residual stress relief by the tensile treatment is that the dislocation group in the alloy is activated by tensile treatment, and the dislocation distribution in the alloy is more uniform by dislocation movement, multiplication, and annihilation so that the residual stress can be eliminated.