The invention relates to a traditional Chinese medicine for curing ovarian cysts, which effectively solves the problems of high cost and poor curative effect of curing ovarian cysts and consists of two parts of internal medicine and external-application medicine, wherein the internal medicine is respectively prepared into decoction and powder from bupleurum, Rhizoma Pinellinae Praeparata, Indian buead, pedate pinallia jackinthepulpit rhizome, fried rhizoma atractylodis, common burreed rhizome, zedoary, astragalus root, sanguisuga, oyster shell, white mustard seed, thunberg fritillary, vinegar-unprocessed cyperus, angelica dahurica, seaweed, plantain seed, oriental waterplantain rhizome, cassia twigs, red paeony root, tree peony bark, processed rhizoma atractylodis macrocephalae, chicken's gizzard-membrane, processed peach seed, spreading hedyotis herb and campanumaea pilosula with the same prescription; the external-application medicine is prepared from common burreed rhizome, zedoary, salvia miltiorrhiza Bge, tree peony bark, common selfheal fruit-spike, cyathula officinalis kuan, fossilizid, astragalus root, processed rhizoma atractylodis alba, seaweed, motherwort herb, hovenia dulcis, cyrtomium rhizome, panax pseudoginseng, angelica sinensis, safflower, pinelliatuber, Indian buead, plantain seed, oriental waterplantain rhizome, cassia twigs, oyster shell, cowherb seed, cinnamon and turtle shell through the steps of mixing, crushing, loading in cloth bags, water leaching and evaporating. The invention has the advantages of scientific and reasonable compatibility, good curative effect, low cost and convenient use, and is an innovation in the medical field.