No there isn't but you could create a live template to get something simpler. So you can create a live template live this:
$PARAMONE$, $PARAMTWO$, $PARAMTHREE$, $PARAMFOUR$ $END$
And you can call this param4
, and once you type that in, and press tab, it will load up areas that you can type into and just press tab to get from one param to the other.
Other than that, there's no way I know of to do this.