Mouse / Touchpad settings

I use an HP Pavilion notebook.

Is there a way to have separate settings for the Pointer Speed of the mouse
and the touchpad?

For me, the most comfortable Touchpad Pointer Speed is the fastest available
on the Mouse Properties Motion Speed. However, when set to its highest
level, a connected mouse becomes too erratic. Every time I switch from the
touchpad to the mouse (or vice versa) I have to adjust the Mouse Properties
to change the motion speed to suit either the touchpad or the mouse.