The present invention provides an anti-inflammatory, analgesic and fast-healing external traditional Chinese medicine preparation and its preparation method. The traditional Chinese medicine preparation includes following components in parts by weight: 30-80 parts of corydalis tuber, 20-90 parts of maifanitum, 20-50 parts of radix aconiti kusnezoffii praeparata, 10-45 parts of common clubmoss herb, 10-40 parts of clematis root, 10-40 parts of safflower, 5-40 parts of bryozoatum and 5-35 parts of oyster shell. The traditional Chinese medicine preparation has advantages of unique prescription, reasonable ratio, advanced preparation process, high active ingredient content, fast absorption, no irritation of ethanol preparation to the skin, convenient use, direct effect on the lesion location, fast and significant curative effect and no adverse effect on organs of the human body.