Jim
I don't have much experience with a Cheddar Proteus engine other than a number of years ago I did some adjustments to a friends engine.
1st
Thing that I would do if it was my engine is to tighten and secure the reversing Mech and stop the cross shift when operating.
If you look at Dave's engine there are nuts on the end of the pivoting bolts making everything secure.
2nd
I would check the timing,
Take off the fly wheel and remove the pump, replace the flywheel as this makes it easy to turn the main shaft by hand.
3rd
Remove the steam chest covers but leave them with 1- bolt fixing to keep the steam chest from moving , keep the top left hand hole on the stud and tighten it up with the steam chest and valves visible.,
This allows you to see the slide valves which I recall are round not square as other engines.
4th
Turn the engine over by hand and this should move the reversing Mech to establish which position establishes the direction of the main shaft
Turn the main shaft over by hand and as the valve come up to T.D.C. there should be just a crack visible between the valve and the steam passage as the shaft goes over T.D.C., if this is way out adjust the valve rod until you see just a crack off opening
Now go around to the other valve and do the same by rotating the main shaft remembering that you turn in the opposite direction of the first valve adjustment .
You can now see if the valves are opening at the correct time by moving the reversing Mech by hand.
5th
Connect up to an air line or steam line and see if it drives the engine, it should if you have set the valves as I have described.
The Maudsley reversing gear is very similar to Slip eccentric reversing, very clever
My explanation if not correct may entice somebody who knows the proper method to reply.
Please keep us posted
George.