The dynamic characteristics of wind turbine blades are usually monitored by contact sensors with the disadvantages of high cost, difficult installation, easy damage to the structure, and difficult signal transmission. In view of the above problems, based on computer vision technology and the improved YOLOv5 (You Only Look Once v5) deep learning model, a non-contact dynamic characteristic monitoring method for wind turbine blade is proposed. First, the original YOLOv5l model of the CSP (Cross Stage Partial) structure is improved by introducing the CSP2_2 structure, which reduce the number of residual components to better the network training speed. On this basis, combined with the Deep sort algorithm, the accuracy of structural displacement monitoring is mended. Secondly, for the disadvantage that the deep learning sample dataset is difficult to collect, the blender software is used to model the wind turbine structure with conditions, illuminations and other practical engineering similar environments changed. In addition, incorporated with the image expansion technology, a modeling-based dataset augmentation method is proposed. Finally, the feasibility of the proposed algorithm is verified by experiments followed by the analytical procedure about the influence of YOLOv5 models, lighting conditions and angles on the recognition results. The results show that the improved YOLOv5 deep learning model not only perform well compared with many other YOLOv5 models, but also has high accuracy in vibration monitoring in different environments. The method can accurately identify the dynamic characteristics of wind turbine blades, and therefore can provide a reference for evaluating the condition of wind turbine blades.