diff --git a/package.json b/package.json
index 1820cd40..39c69050 100644
--- a/package.json
+++ b/package.json
@@ -385,6 +385,11 @@
         "command": "kdb.execute.block",
         "title": "KX: Execute Current q Block",
         "icon": "$(run-above)"
+      },
+      {
+        "category": "KX",
+        "command": "kdb.toggleParameterCache",
+        "title": "KX: Toggle parameter cache"
       }
     ],
     "keybindings": [
@@ -422,6 +427,12 @@
         "key": "ctrl+shift+e",
         "mac": "cmd+shift+e",
         "when": "editorLangId == q && !(resourceFilename =~ /.kdb.q/)"
+      },
+      {
+        "command": "kdb.toggleParameterCache",
+        "key": "ctrl+shift+y",
+        "mac": "cmd+shift+y",
+        "when": "editorLangId == q && !(resourceFilename =~ /.kdb.q/)"
       }
     ],
     "snippets": [
diff --git a/server/src/qLangServer.ts b/server/src/qLangServer.ts
index 28123662..1e6e81dc 100644
--- a/server/src/qLangServer.ts
+++ b/server/src/qLangServer.ts
@@ -58,6 +58,7 @@ import {
   EndOfLine,
   SemiColon,
   WhiteSpace,
+  RCurly,
 } from "./parser";
 import { lint } from "./linter";
 
@@ -94,6 +95,10 @@ export default class QLangServer {
       "kdb.qls.expressionRange",
       this.onExpressionRange.bind(this),
     );
+    this.connection.onRequest(
+      "kdb.qls.parameterCache",
+      this.onParameterCache.bind(this),
+    );
   }
 
   public capabilities(): ServerCapabilities {
@@ -233,6 +238,48 @@ export default class QLangServer {
     return expressionToRange(tokens, source.exprs);
   }
 
+  public onParameterCache({
+    textDocument,
+    position,
+  }: TextDocumentPositionParams) {
+    const tokens = this.parse(textDocument);
+    const source = positionToToken(tokens, position);
+    if (!source) {
+      return null;
+    }
+    const lambda = inLambda(source);
+    if (!lambda) {
+      return null;
+    }
+    const scoped = tokens.filter((token) => inLambda(token) === lambda);
+    if (scoped.length === 0) {
+      return null;
+    }
+    const curly = scoped[scoped.length - 1];
+    if (!curly || curly.tokenType !== RCurly) {
+      return null;
+    }
+    const params = scoped.filter((token) => inParam(token));
+    if (params.length === 0) {
+      return null;
+    }
+    const bracket = params[params.length - 1];
+    if (!bracket) {
+      return null;
+    }
+    const args = params
+      .filter((token) => assigned(token))
+      .map((token) => token.image);
+    if (args.length === 0) {
+      return null;
+    }
+    return {
+      params: args,
+      start: rangeFromToken(bracket).end,
+      end: rangeFromToken(curly).start,
+    };
+  }
+
   private parse(textDocument: TextDocumentIdentifier): Token[] {
     const document = this.documents.get(textDocument.uri);
     if (!document) {
diff --git a/src/commands/clientCommands.ts b/src/commands/clientCommands.ts
new file mode 100644
index 00000000..475e56cc
--- /dev/null
+++ b/src/commands/clientCommands.ts
@@ -0,0 +1,133 @@
+/*
+ * Copyright (c) 1998-2023 Kx Systems Inc.
+ *
+ * Licensed under the Apache License, Version 2.0 (the "License"); you may not use this file except in compliance with the
+ * License. You may obtain a copy of the License at
+ *
+ * http://www.apache.org/licenses/LICENSE-2.0
+ *
+ * Unless required by applicable law or agreed to in writing, software distributed under the License is distributed on an
+ * "AS IS" BASIS, WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, either express or implied. See the License for the
+ * specific language governing permissions and limitations under the License.
+ */
+
+import {
+  EndOfLine,
+  ExtensionContext,
+  Position,
+  Range,
+  Selection,
+  WorkspaceEdit,
+  commands,
+  workspace,
+} from "vscode";
+import { LanguageClient } from "vscode-languageclient/node";
+import { ext } from "../extensionVariables";
+import { runActiveEditor } from "./workspaceCommand";
+import { ExecutionTypes } from "../models/execution";
+import crypto from "crypto";
+
+async function executeBlock(client: LanguageClient) {
+  if (ext.activeTextEditor) {
+    const range = await client.sendRequest<Range>("kdb.qls.expressionRange", {
+      textDocument: { uri: `${ext.activeTextEditor.document.uri}` },
+      position: ext.activeTextEditor.selection.active,
+    });
+    if (range) {
+      ext.activeTextEditor.selection = new Selection(
+        range.start.line,
+        range.start.character,
+        range.end.line,
+        range.end.character,
+      );
+      await runActiveEditor(ExecutionTypes.QuerySelection);
+    }
+  }
+}
+
+async function toggleParameterCache(client: LanguageClient) {
+  if (ext.activeTextEditor) {
+    const doc = ext.activeTextEditor.document;
+    const res = await client.sendRequest<{
+      params: string[];
+      start: Position;
+      end: Position;
+    }>("kdb.qls.parameterCache", {
+      textDocument: { uri: `${doc.uri}` },
+      position: ext.activeTextEditor.selection.active,
+    });
+    if (res) {
+      const edit = new WorkspaceEdit();
+      const start = new Position(res.start.line, res.start.character);
+      const end = new Position(res.end.line, res.end.character);
+      const text = doc.getText(new Range(start, end));
+      const match =
+        /\s*\.axdebug\.temp([A-F0-9]{6}).*?\.axdebug\.temp\1\s*;/s.exec(text);
+      if (match) {
+        const offset = doc.offsetAt(start);
+        edit.delete(
+          doc.uri,
+          new Range(
+            doc.positionAt(offset + match.index),
+            doc.positionAt(offset + match.index + match[0].length),
+          ),
+        );
+      } else {
+        const hash = crypto.randomBytes(3).toString("hex").toUpperCase();
+        const expr1 = `.axdebug.temp${hash}: ${res.params.length === 1 ? res.params[0] : `(${res.params.join(";")})`};`;
+        const expr2 = `${res.params.map((param) => `\`${param}`).join("")} set${res.params.length === 1 ? "" : "'"} .axdebug.temp${hash};`;
+
+        if (start.line === end.line) {
+          edit.insert(doc.uri, start, " ");
+          edit.insert(doc.uri, start, expr1);
+          edit.insert(doc.uri, start, expr2);
+        } else {
+          const line = doc.getText(
+            new Range(end.line, 0, end.line, end.character),
+          );
+          const match = /^[ \t]*/.exec(line);
+          if (match) {
+            const eol = doc.eol === EndOfLine.CRLF ? "\r\n" : "\n";
+            edit.insert(doc.uri, start, eol);
+            edit.insert(doc.uri, start, match[0]);
+            edit.insert(doc.uri, start, expr1);
+            edit.insert(doc.uri, start, eol);
+            edit.insert(doc.uri, start, match[0]);
+            edit.insert(doc.uri, start, expr2);
+          }
+        }
+      }
+      await workspace.applyEdit(edit);
+    }
+  }
+}
+
+export function connectClientCommands(
+  context: ExtensionContext,
+  client: LanguageClient,
+) {
+  let mutex = false;
+
+  context.subscriptions.push(
+    commands.registerCommand("kdb.execute.block", async () => {
+      if (!mutex) {
+        mutex = true;
+        try {
+          await executeBlock(client);
+        } finally {
+          mutex = false;
+        }
+      }
+    }),
+    commands.registerCommand("kdb.toggleParameterCache", async () => {
+      if (!mutex) {
+        mutex = true;
+        try {
+          await toggleParameterCache(client);
+        } finally {
+          mutex = false;
+        }
+      }
+    }),
+  );
+}
diff --git a/src/extension.ts b/src/extension.ts
index 929157b9..1f60a08a 100644
--- a/src/extension.ts
+++ b/src/extension.ts
@@ -17,10 +17,7 @@ import {
   ConfigurationTarget,
   EventEmitter,
   ExtensionContext,
-  Position,
   Range,
-  Selection,
-  TextDocument,
   TextDocumentContentProvider,
   Uri,
   WorkspaceEdit,
@@ -99,6 +96,7 @@ import { createDefaultDataSourceFile } from "./models/dataSource";
 import { connectBuildTools, lintCommand } from "./commands/buildToolsCommand";
 import { CompletionProvider } from "./services/completionProvider";
 import { QuickFixProvider } from "./services/quickFixProvider";
+import { connectClientCommands } from "./commands/clientCommands";
 
 let client: LanguageClient;
 
@@ -398,22 +396,6 @@ export async function activate(context: ExtensionContext) {
         await commands.executeCommand("deleteFile");
       }
     }),
-    commands.registerCommand("kdb.execute.block", async () => {
-      if (ext.activeTextEditor) {
-        const range = await commands.executeCommand<Range>(
-          "kdb.qls.expressionRange",
-          ext.activeTextEditor.document,
-          ext.activeTextEditor.selection.active,
-        );
-        if (range) {
-          ext.activeTextEditor.selection = new Selection(
-            range.start,
-            range.end,
-          );
-          await runActiveEditor(ExecutionTypes.QuerySelection);
-        }
-      }
-    }),
 
     DataSourceEditorProvider.register(context),
 
@@ -496,16 +478,7 @@ export async function activate(context: ExtensionContext) {
 
   await client.start();
 
-  context.subscriptions.push(
-    commands.registerCommand(
-      "kdb.qls.expressionRange",
-      (document: TextDocument, position: Position) =>
-        client.sendRequest("kdb.qls.expressionRange", {
-          textDocument: { uri: `${document.uri}` },
-          position: { line: position.line, character: position.character },
-        }),
-    ),
-  );
+  connectClientCommands(context, client);
 
   Telemetry.sendEvent("Extension.Activated");
   const yamlExtension = extensions.getExtension("redhat.vscode-yaml");
diff --git a/test/suite/commands.test.ts b/test/suite/commands.test.ts
index 005d47a0..94cd12c0 100644
--- a/test/suite/commands.test.ts
+++ b/test/suite/commands.test.ts
@@ -51,7 +51,8 @@ import * as workspaceCommand from "../../src/commands/workspaceCommand";
 import { MetaObject } from "../../src/models/meta";
 import { WorkspaceTreeProvider } from "../../src/services/workspaceTreeProvider";
 import { GetDataError } from "../../src/models/data";
-import { arrayBuffer } from "stream/consumers";
+import * as clientCommand from "../../src/commands/clientCommands";
+import { LanguageClient } from "vscode-languageclient/node";
 
 describe("dataSourceCommand", () => {
   afterEach(() => {
@@ -2014,3 +2015,66 @@ describe("workspaceCommand", () => {
     });
   });
 });
+
+describe("clientCommands", () => {
+  const client = sinon.createStubInstance(LanguageClient);
+  let executeBlock;
+  let toggleParameterCache;
+
+  beforeEach(() => {
+    const context = <vscode.ExtensionContext>{ subscriptions: [] };
+    sinon.stub(vscode.commands, "registerCommand").value((a, b) => b);
+    clientCommand.connectClientCommands(context, client);
+    executeBlock = context.subscriptions[0];
+    toggleParameterCache = context.subscriptions[1];
+    ext.activeTextEditor = <vscode.TextEditor>{
+      options: { insertSpaces: true, indentSize: 4 },
+      selection: { active: new vscode.Position(0, 0) },
+      document: {
+        uri: vscode.Uri.file("/tmp/some.q"),
+        getText: () => "",
+      },
+    };
+  });
+  afterEach(() => {
+    sinon.restore();
+    ext.activeTextEditor = undefined;
+  });
+  describe("executeBlock", () => {
+    it("should execute current block", async () => {
+      sinon
+        .stub(client, "sendRequest")
+        .value(async () => new vscode.Range(0, 0, 1, 1));
+      sinon.stub(workspaceCommand, "runActiveEditor").value(() => {});
+      await executeBlock(client);
+      assert.deepEqual(
+        ext.activeTextEditor.selection,
+        new vscode.Selection(0, 0, 1, 1),
+      );
+    });
+  });
+  describe("kdb.toggleParameterCache", () => {
+    it("should add parameter cache for single line functions", async () => {
+      let edit: vscode.WorkspaceEdit;
+      sinon.stub(client, "sendRequest").value(async () => ({
+        params: ["a"],
+        start: new vscode.Position(0, 0),
+        end: new vscode.Position(0, 10),
+      }));
+      sinon.stub(vscode.workspace, "applyEdit").value(async (a) => (edit = a));
+      await toggleParameterCache(client);
+      assert.strictEqual(edit.size, 1);
+    });
+    it("should add parameter cache for multi line functions", async () => {
+      let edit: vscode.WorkspaceEdit;
+      sinon.stub(client, "sendRequest").value(async () => ({
+        params: ["a"],
+        start: new vscode.Position(0, 0),
+        end: new vscode.Position(1, 10),
+      }));
+      sinon.stub(vscode.workspace, "applyEdit").value(async (a) => (edit = a));
+      await toggleParameterCache(client);
+      assert.strictEqual(edit.size, 1);
+    });
+  });
+});
diff --git a/test/suite/qLangServer.test.ts b/test/suite/qLangServer.test.ts
index daa7e3af..1d37281b 100644
--- a/test/suite/qLangServer.test.ts
+++ b/test/suite/qLangServer.test.ts
@@ -28,10 +28,10 @@ const context = { includeDeclaration: true };
 describe("qLangServer", () => {
   let server: QLangServer;
 
-  function createDocument(content: string) {
+  function createDocument(content: string, offset?: number) {
     content = content.trim();
     const document = TextDocument.create("test.q", "q", 1, content);
-    const position = document.positionAt(content.length);
+    const position = document.positionAt(offset || content.length);
     const textDocument = TextDocumentIdentifier.create("test.q");
     sinon.stub(server.documents, "get").value(() => document);
     return {
@@ -242,4 +242,77 @@ describe("qLangServer", () => {
       assert.strictEqual(result, null);
     });
   });
+
+  describe("onExpressionRange", () => {
+    it("should return range for simple expression", () => {
+      const params = createDocument("a:1;");
+      const result = server.onExpressionRange(params);
+      assert.ok(result);
+      assert.strictEqual(result.start.line, 0);
+      assert.strictEqual(result.start.character, 0);
+      assert.strictEqual(result.end.line, 0);
+      assert.strictEqual(result.end.character, 3);
+    });
+    it("should return range for lambda", () => {
+      const params = createDocument("a:{b:1;b};");
+      const result = server.onExpressionRange(params);
+      assert.ok(result);
+      assert.strictEqual(result.start.line, 0);
+      assert.strictEqual(result.start.character, 0);
+      assert.strictEqual(result.end.line, 0);
+      assert.strictEqual(result.end.character, 9);
+    });
+    it("should skip comments", () => {
+      const params = createDocument("a:1 /comment", 1);
+      const result = server.onExpressionRange(params);
+      assert.ok(result);
+      assert.strictEqual(result.start.line, 0);
+      assert.strictEqual(result.start.character, 0);
+      assert.strictEqual(result.end.line, 0);
+      assert.strictEqual(result.end.character, 3);
+    });
+  });
+
+  describe("omParameterCache", () => {
+    it("should cache paramater", () => {
+      const params = createDocument("{[a;b]}");
+      const result = server.onParameterCache(params);
+      assert.ok(result);
+      assert.deepEqual(result.params, ["a", "b"]);
+      assert.strictEqual(result.start.line, 0);
+      assert.strictEqual(result.start.character, 6);
+      assert.strictEqual(result.end.line, 0);
+      assert.strictEqual(result.end.character, 6);
+    });
+    it("should cache paramater", () => {
+      const params = createDocument("{[a;b]\n }");
+      const result = server.onParameterCache(params);
+      assert.ok(result);
+      assert.deepEqual(result.params, ["a", "b"]);
+      assert.strictEqual(result.start.line, 0);
+      assert.strictEqual(result.start.character, 6);
+      assert.strictEqual(result.end.line, 1);
+      assert.strictEqual(result.end.character, 1);
+    });
+    it("should return null", () => {
+      const params = createDocument("{[]}");
+      const result = server.onParameterCache(params);
+      assert.strictEqual(result, null);
+    });
+    it("should return null", () => {
+      const params = createDocument("{}");
+      const result = server.onParameterCache(params);
+      assert.strictEqual(result, null);
+    });
+    it("should return null", () => {
+      const params = createDocument("a:1;");
+      const result = server.onParameterCache(params);
+      assert.strictEqual(result, null);
+    });
+    it("should return null", () => {
+      const params = createDocument("");
+      const result = server.onParameterCache(params);
+      assert.strictEqual(result, null);
+    });
+  });
 });