The invention discloses a shaped external-hanging-bracket protective system and an installation method, and belongs to the technical field of assembly building construction. The shaped external-hanging-bracket protective system comprises a plurality of protective devices, and is characterized in that each protective device comprises a plurality of triangular support frames, an operating platform (6) arranged on the upper sides of the support frames and a protective bracket (7) arranged on the operating platform (6), the support frames are arranged on the outer side of a prefabricate external wall (1) and detachably connected with the prefabricate external wall (1), the operating platforms (6) are arranged on the support frames and detachably connected with the support frames, and the protective brackets (7) are arranged on one sides, away from the prefabricated external wall, of the operating platforms (6). According to the shaped external-hanging-bracket protective system, the structure is stable, construction turnover is convenient, labor and materials are saved, the protective effect is good, the appearance is elegant, and the problem of assembly building construction peripheral protection is solved; and according to the installation method of the shaped external-hanging-bracket protective system, operation is convenient, fixing among different floors is flexible, and the installation method is suitable for assembly building construction.