The invention relates to a multi-effect external plaster and belongs to the field of external traditional Chinese medicines. The multi-effect external plaster is characterized by consisting of components A and B, wherein the component A comprises more than sixty Chinese herbs such as Chinese angelica, white paeony root, peach seed, beautiful sweetgum fruit, Indian iphigenia bulb, common selfheal fruit-spike, European verbena, twotooth achyranthes root, eucommia bark, centipede and the like, colophony, yellow lead and sesame oil; and the component B mainly comprises more than ten Chinese herbal medicinal ingredients such as white pepper, safflower, white mustard seed, medcinal evodia fruit, pyrite, dragon's blood, menthol, azone and the like, superfine natural magnetite powder and infrared ceramic powder. By combining the components A and B, the plaster of the invention not only has treatment effectiveness of the traditional plaster, but also has physiotherapy effectiveness of infrared rays, magnet therapy and the like. The multi-effect external plaster is suitable for various symptoms, such as traumatic injury, cervical spondylosis, spinal stenosis, scapulohumeral periarthritis, protrusion of lumbar vertebral disc, sciatica, lumbar muscle strain, arthritis, paraesthesia, facial nerve paralysis, facial nerve spasm, irregular menstruation and the like.