Installing the ordinary energy dissipator can achieve better energy dissipation capacity in the structure. However, Energy dissipators help structures dissipate energy at the expense of their own deformation during earthquakes, and often need to be replaced after earthquakes, which results in higher repair costs. Also, the structures will appear to damage with varying degree, so it is difficult to resume normal use. A new type of zero initial cable tension self-resetting energy dissipation devices (ZTSEDD) which consisted of a transmission device (TD),a discspring reset device (DSRD) and a double shear friction energy dissipation device (DSFEDD) was proposed considering the above disadvantages. Firstly, the structure of DSRD, DSFEDD and the working principle of ZTSEDD were introduced, and their mechanical models were established. Secondly, the finite element model of DSRD and DSFEDD were established respectively by the finite element software ABAQUS. The simulated hysteresis curve and the theoretical hysteresis curve of the DSRD and the DSFEDD were compared, and the simulated curve and theoretical curve matched well. Restoring force curve had characteristic of Hooke law, which indicated that DSRD could provide stable restoring force due to better elasticity. Then, theoretical value, simulating value, and experimental value of sliding friction force were compared and analyzed under four working conditions. Hysteretic curve had characteristic of typical Coulomb's Friction Law, which showed that DSFEDD could provide stable sliding friction force. Finally, the hysteretic curve and skeleton curve of the ZTSEDD under displacement loading were compared and analyzed. The results indicated that the ZTSEDD had better energy dissipation performance and reset performance. The research results show that the ZTSEDD is simple in structure, clear in principle, excellent in performance, convenient in installation and adaptable in use. It can be widely used in frame structure.