The invention belongs to the technical field of distribution network fault diagnosis, and particularly relates to a device and method with a fault accurate positioning function. The main control module is respectively connected with the fault interval judgment module, the traveling wave
processing module, the GPS synchronization module and the main
station reporting module and establishes a
data channel; the fault interval judgment module provides a starting
signal and an interval range for the traveling wave
processing module and provides a
power frequency recording file for the
master station reporting module; the traveling wave
processing module collects and processes traveling wave current and
voltage signals; the GPS synchronization module provides a high-precision pulse
signal and is used for recalibrating time; and the
master station reporting module carries out fault interval precision and accurate positioning according to the received fault information in combination with the
power frequency recording file and the traveling wave recording file. According to the invention, through dual-
signal acquisition of traveling wave
voltage and current signals, the method adapts to a multi-fault scene, and a current and
voltage traveling wave comprehensive research and judgment method is adopted, so that the problem that a blind area exists at a current traveling wave
interconnection switch is solved, and the problem of voltage traveling wave length line attenuation is also solved.