The invention relates to a traditional Chinese medicine ointment for treating bone diseases. The traditional Chinese medicine ointment comprises raw materials as follows: safflower, common clubmoss herb, frankincense, myrrh, borneol, dragon's blood, scorpions, centipedes, elephant hides, dragon's bones, fineleaf schizonepeta herb, divaricate saposhnikovia roots, szechuan lovage rhizomes, himalayan teasel roots, earthworms, nux vomica, tall gastrodia tuber, eucommia barks, seasame oil and yellow lead. According to the traditional Chinese medicine ointment, traditional Chinese medicines are compatible, so that the medicine efficacy is complementary, and the treatment effect of the ointment is improved; besides, part of the traditional Chinese medicines are toxic, but toxicity of the medicines can be eliminated through reasonable compatibility and processing, harm to human bodies is avoided, the treatment effect of the compounded medicines is better, and the ointment has a good treatment effect on bone fracture, hyperostosis, neck pain, shoulder pain, waist pain, leg pain, arthritis, soft tissue contusion and other pains, takes effect quickly and is convenient to use.