I service HVAC equipment for a living. (as well as designing systems, installing them, selling them etc) I have given a fair amount of advice here on related topics.
If there is any type of [residiential] equipment that I would classify as Do Not Try This At Home, it’s oil fired appliances.
My advice to you.
1)Stop
2)Call a qualified service technician, making sure to insist that the service technician that they send be a journeyman in servicing oil fired appliances. Better yet, find an HVAC firm that kind of makes a specialty of it.
Oil fired units do not use thermocouples, in the same fasion as NG/LP units. They “shoot” atomized oil that is burned through a combustion process that is too technical to get into on a message board.
Hitting the reset button continuously is a [potentially] dangerous practice. (for the purpose of this post, feel free to consider ‘dangerous’ to mean [substantial] property loss, or loss of life)
It is also unwise to simply change parts on a hunch. Further, oil units are **much **more specific in setting them up correctly. Your guess may be right (although I doubt it) but you may end up with a unit that is running poorly or dangerously.
As Rhubarb mentioned, the part may be doing it’s job. Your temporary fix may have put this unit, as we speak, in an unsafe condition. * In fact, it’s likely.*
I think Rhubarb gave you good information, but I would disagree on one important point: You’re not qualified to diagnose, repair or set this unit up correctly. More importantly, this type of equipment is not something you should guess at.
(This from a guy who admires DIYers, and who is glad to offer step-by-step help)
Hate to say it, but I think you need to call a skilled technician, and make sure they make the repair and do a combustion analasys when they’re done.