"古代计时用的滴漏" can be translated into English as "the ancient water clock (clepsydra) used for timekeeping".
Here, "water clock" is a common term for such devices, and "clepsydra" is a more technical or historical term derived from Greek, which some might use for precision, though "water clock" is widely understood. The addition of "ancient" clarifies the historical context, and "used for timekeeping" explicitly states its purpose.