The invention discloses a traditional Chinese medicine preparation for treating rheumatic cold pain in waists and legs, which is a pill prepared by the following traditional Chinese medicines with the weight portions: respective 1.5 portions of angelica, achyranthes, papaya, frankincense, myrrh, notopterygium, pubescent angelica, parsnip, Eupolyphaga sinensis Walker, immature tangerine, Dipsacus asperoides, asarum, safflower, whole worm, speranskia tuberculata, lycopodium clavatum and liquorice; respective 2 portions of eucommia and dried tangerine, respective 1 portion of szechuan lovage rhizome, angelica dahurica, nepeta, nianjian, difeng, drynaria, radix aconiti, radix gentianae macrophyllae, earthworm, anemarrhena, zaocys, millettia, pangolins, herba cistanches, rhizoma gastrodiae, zhuifengjian, woodwardia, red sage root, Mistletoe, and kusnezoff monkshood, and 40 portions of strychnos. The traditional Chinese medicine preparation expels wind and dispels cold, removes moisture and exercises channels, and nourishes liver and kidney. The traditional Chinese medicine preparation is used for deficiency of liver and kidney, anemofrigid-damp arthralgia, painful swelling of joint, limb numbness, waist and knee pain, and can be widely used in various pains such as rheumatoid arthritis, rheumatoid disease, hyperosteogeny, scapulohumeral periarthritis, sciatica, and gynecological lumbocrural pain, gastrointestinal disease, neck shoulder pain or lumbocrural pain and the like which are caused by rheumatic diseases.