Yes, there are a couple of cavalcades each day. Today they are listed on the app at 1:45 pm and 2:45 pm. The first one starts near Small World and ends at Town Square. The second goes in the reverse direction.
Additionally, around 12:15 pm, they close access to the castle via the drawbridge. The
Disneyland band marches through the castle and plays at the entrance.
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After 3-4 minutes, they are joined by Mickey, Minnie, Goofy, Pluto, Chip & Dale. It is a great picture if you are in front. If not, it is difficult to see over others in front of you.
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Mickey & Minnie lead the band down Main Street with Goofy, Pluto, Chip & Dale following. When they get to the front of the train station, they stop and perform for guests. This photo is from October so they were in Halloween costumes. It was taken at 12:30 pm. Most people don't plan for this little parade so seating is easy to find. If you find a seat across from the train station around 12:15, I think you'll have a great view of the performance around 12:30.
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The cavalcade follows the parade route (red line in map below). The band and characters follow the teal line in the map below.
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