The utility model relates to a multi-path dislocation reversing valve which comprises a positioning disk, a joystick, a valve body, a safe valve assembly, a valve rod, a sliding positioning mechanism, a steel ball, a one-way valve core, a first oil outlet, an oil return channel, a working oil channel, a second oil outlet, a third oil outlet, an oil return port and an oil inlet. The joystick is connected with the valve rod, and is arranged on the positioning disk; the positioning disk, the safe valve assembly and the sliding positioning mechanism are respectively arranged on the valve body; the sliding positioning mechanism is connected with the valve rod; the one-way valve core is connected with the steel ball; the steel ball is connected with the valve rod; and the oil return channel, the working oil channel, the first oil outlet, the second oil outlet, the third oil outlet, the oil return port and the oil inlet are respectively arranged on the valve body. The product has a simple structure, a small size and light weight, a plurality of paths share the same valve rod, so that the operation is flexible, the installation and the repair are convenient, few raw materials are consumed, the cost is low, and the promotion and the application are facilitated.