I just went ahead and updated the Caption Remover patch for Cheat Engine v5.3.
You can find it here: http://www.megaupload.com/?d=7HZFF0TO
In addition to using this patch I would also recommend changing the Cheat Engine exe name to something else like "Svchost.exe" or "Explorer.exe". It's not required just an additional saftey measure.
Enjoy.