The invention provides a single-ended traveling fault location method insusceptible to traveling wave speed and a single-ended traveling fault location calculation method insusceptible to traveling wave speed. According to the invention, the fault occurrence time is set to be t0; the time when initial current traveling waves reach an M end is set to be T1M, the time when first or second type travelling waves reach the M end is set to be t2M, and the time when first, second or third type travelling waves reach the M end is set to be t2M, t4M...; L is set to be the total length of a line; x is set to be the distance between a fault point and a bus M; when 0<=x<=L/3, L/2<=x<=2L/3 and 2L/3<=x<=L, calculation is performed in said three conditions and only incidence relation with time exists while no incidence relation with traveling wave speed exists. Therefore, limits caused by implementation conditions are removed and location accuracy is improved.