The difficulties of testing the dynamic transmission errors of gears in complex environments, such as high-speed operations or situations with oil contamination, and the limited variety of available testing methods have been recognized as issues which this study endeavors to tackle. In this study, a testing method for evaluating high-speed dynamic transmission errors of spur gears through the use of strain sensors is proposed. To reduce the interference of environmental noise on testing signals, physical measures, such as the use of copper foil to shield signal wires and the grounding of data acquisition equipment, were implemented during the testing process. Utilizing wavelet decomposition to distinguish between the high- and low-frequency components of the testing signals, the transmission error of gears during high-speed operation was calculated. After confirming the feasibility of the stress–strain stiffness approach in gear transmission error testing using the magnetic grid method, tests on modified and non-modified gears at various speeds and loads were carried out. The two types of test data were processed and evaluated to determine the effect of speed and load on gear dynamic transmission error. It was possible to conduct research on the testing technique of gear dynamic transmission errors utilizing strain sensors, which provides a new, fast, simple, and practical testing strategy for gear transmission error testing.