The invention provides an external-use traditional Chinese medicine composition and external-use preparation for treating white hair and hair loss. The external-use traditional Chinese medicine composition comprises speranskia herbs, common scouring rush herbs, papayas, radix clematidis, malaytea scurfpea fruits, cassia twigs, turmeric, rhizoma drynariae, radix angelicae, licorice roots, safflowers, phoenix tree seeds, borneol, mint, mulberry leaves, oranges, pomelos, pears, haws, red jujubes, wild jujubes and lemons. The invention further provides a traditional Chinese medicine composition combination and combination preparation for treating white hair and hair loss. The external-use traditional Chinese medicine composition, the external-use preparation, the traditional Chinese medicine composition combination and the combination preparation have the efficacy of replenishing qi and blood, dispelling wind, dispelling humidity, promoting blood circulation for removing blood stasis, softening blood vessels and warming and activating meridians, can be used for preventing vascular sclerosis, can strengthen activity of immunocyte, can eliminate in vivo hazardous substances, and can eliminate symptoms of stagnation of qi and blood stasis, so that patients are sufficient in qi and blood, blood circulation is unimpeded, and the effects of dredging the channels and repairing meridian cells are achieved; and therefore, the treatment effects of enabling the white hair to change black, stopping hair loss and promoting hair growth are achieved, and the external-use traditional Chinese medicine composition, the external-use preparation, the traditional Chinese medicine composition combination and the combination preparation particularly have good treatment effects on white hair of elderly people.