The invention, relating to the field of traditional Chinese medicine, discloses an externally dressed drug for treating fracture, solving the problems of bad curative effects, slow effect and the like in the prior art by combining modern pharmacological studies based on pathologic knowledge of fracture in traditional Chinese medicine. The drug comprises the following ingredients: 20-60 weight parts of eupolyphaga sinensis, 5-25 weight parts of dragon's blood, 15-40 weight parts of cassia twig, 15-25 weight parts of olibanum, 10-20 weight parts of rhizoma anemarrhenae, 5-15 weight parts of rhizoma corydalis, 10-20 weight parts of myrrh, 5-15 weight parts of cinnabar, 10-30 weight parts of achyranthes bidentata, 5-20 weight parts of pillis ophidiae, and 20-50 weight parts of Panax notoginseng powder. The drug of the invention is used for fracture and bone lesions. After fracture patients use the drug, the wound heals quickly without recurrence, the swelling is reduced quickly, and the pain is alleviated. After the fractures are healed, there is no side effect, and limbs can move normally.