In order to simulate and investigate the major characteristics of El Nino/Southern Oscillation(ENSO) and Madden Jullian Oscillation(MJO), an intermediate type atmosphere-ocean coupled model is developed and their results are examined. The atmosphere model is a time-dependent non-linear perturbation moist model which can determine the internal heating for itself. The counterpart of the atmosphere model is GCM-type tropical ocean model which has fine horizontal and vertical grid resolutions. In the coupled experiment, warm SST anomaly and increased precipitation and eastward wind and current anomalies associated with ENSO and MJO are properly simulated in Pacific and Indian Oceans. In spite of some discrepancies in simulation MJO, the observed atmospheric and oceanic low-frequency characteristics in the tropics are successfully identified. Among them, positive SST anomalies centered at the 100m-depth of tropical eastern-central Pacific due to the eastward advection of warm water and reduced equatorial upwelling, and negative anomalies in the Indian and western Pacific seem to be the fundamental features of tropical low-frequency oscillations.