The invention relates to a water treatment agent, in particular to a water treatment agent for a pond. The water treatment agent comprises the following raw materials in parts by weight: 2-3 parts ofrice bran, 2-3 parts of polygonum hydropiper powder, 3-4 parts of wheat bran, 1-2 parts of a brevibacillus laterosporus concentrate, 3-4 parts of melica scabrosa powder, 2-3 parts of amino acid, 5-6 parts of zeolite powder, 2-3 parts of photosynthetic bacteria, 3-5 parts of brown sugar powder and 150-250 parts of drinking water. The preparation method comprises the following steps: sequentially adding the raw materials into drinking water, carrying out mixing, and then carrying out standing for 2-4 hours to obtain the water treatment agent. After the rice bran, the wheat bran and the brown sugar powder are fermented with water, lactic acid viable bacteria are generated, generated metabolites and amino acid small peptides play a role in slowly releasing a carbon source and organic acid, andsimultaneously the pH value of a water body can be reduced; in addition, a carbon source can be supplemented, the bacterial phase of the water body can be stabilized, and nutrition is provided for probiotics; rich nutrient elements are provided for algae, and the algae phase is stabilized; and propagation of miscellaneous bacteria can be effectively inhibited by polygonum hydropipiper.