The invention provides a dynamic performance tracing method based on a dynamic electric energy calibrator. The method includes (1) selecting a standard device whose accuracy degree class is 0.01 gradeunder a steady state test signal; (2) selecting a standard table with 0.05-grade high dynamic performance as a 0.05-grade dynamic electric energy calibrator; (3) under a stable test signal condition,utilizing the 0.01-grade standard device to perform conventional calibration on the 0.05-grade dynamic electric energy calibrator; (4) selecting an electric energy meter dynamic performance measuringdevice of 0.1 grade or below which needs to be calibrated; (5) under a dynamic test signal condition, through electric energy comparison, utilizing the 0.05-leel dynamic electric energy calibrator tocalibrate a dynamic performance accuracy degree index of the electric energy meter dynamic performance measuring device of 0.1 grade or below; and (6) under the dynamic test signal condition, utilizing the calibrated electric energy meter dynamic performance measuring device of 0.1 grade or below to examine a dynamic performance index of an electric energy meter under test.