To develop the hydraulic mold oscillator in continuous casting machine, the guiding mechanism of mold was studied. The main topics of this study were to design the guiding mechanism of mold which oscillates to prevent the sticking and to reduce the friction resistant force between the solidified shell and mold on casting. We studied many guiding types to analyze the features of worldwide mold oscillator and developed the new model of hydraulic mold oscillator. On the basis of the mold oscillating experiment, the capability of guiding system was proofed by the position error measuring system. The experiment was carried out up to $50{sim}500cpm$ frequencies and $2{sim}10mm$ stroke in the variable waveform and the casting results was analyzed by the oscillation mark of slab surface which was formed unavoidably by oscillation.