This invention relates to a new magnetic proximity switch, comprising a shell, wherein a moving magnet that can move up and down is disposed on the upper part in the shell; a first terminal strip and a second terminal strip are fixedly disposed left and right in parallel at the bottom in the shell; a static contact is disposed on the second terminal strip; an elastic piece is disposed on the first terminal strip; a moving contact is disposed at the outer end of the elastic piece; an assistant rod is disposed at the middle part in the shell, an assistant portion is disposed at the inner end of the assistant rod, a limiting mechanism is disposed between the assistant rod and the shell, an elastic tongue piece is disposed on the elastic piece, and the outer end of the elastic tongue piece is disposed against the assistant portion.