The invention discloses a method for displaying telemetering data in real time on basis of a real-time database and aims to achieve conditional displaying of real-time telemetering data in Excel forms. According to the method, on the basis of real-time database technology and on the core basis of application modules in a dispatching automation system, the Microsoft mature software Excel is used as a development environment for the whole design method, the real-time database collects real-time data as a real-time data source for displaying whole report form data, public and private attributes of main transformers and feeders are integrated, a dispatcher is allowed to screen pictures excepted to be emphatically monitored according to set conditions, and according to constraints, the dispatcher is reminded of abnormalities by means of ranking, cell color changing, alarm box pop-out and the like in the Excel forms. A more convenient means is provided for the dispatching automation staff to directly monitor key lines while skipping the application modules of the dispatching automation system.