The invention relates to a well-head hydraulic signal generating device and an operating method thereof. The well-head hydraulic signal generating device is characterized by comprising a hydraulic oil source, power units, overflow valve banks and pressure test systems. The hydraulic oil source comprises an oil tank, wherein, the side wall of the oil tank is equipped with a temperature sensor and a liquid level sensor, the oil tank is internally equipped with an oil pipeline with a hydraulic oil filter, and the other end of the oil pipeline is connected with the power units; each power unit comprises a hydraulic pump driven by a variable frequency motor, wherein, an input terminal of the hydraulic pump is connected with the oil pipeline, an output terminal of the hydraulic pump is connected with a hydraulic signal pipeline, and the hydraulic signal pipeline is sequentially equipped with a check valve, a pipeline oil filter and a pipeline stop valve; and each overflow valve bank comprises an overflow pipeline, wherein, the overflow pipeline is connected on the hydraulic signal pipeline between the corresponding check valve and pipeline oil filter, an output terminal of the overflow pipeline is connected with a two-position two-way solenoid directional valve and a pilot overflow valve in parallel, an output terminal of the pilot overflow valve is connected with an H-type two-position four-way solenoid directional valve, and an output terminal of the two-position four-way solenoid directional valve is connected with two overflow valves in parallel.