This paper proposes a maneuver algorithm for the agent performing target tracking with bearing angle information only. The goal of the agent is to estimate the target position and velocity based only on the bearing angle data. The methods of bearings-only target state estimation are outlined. The nature of bearings-only target tracking problem is then addressed. Based on the insight from above-mentioned properties, the maneuver algorithm for the agent is suggested. The proposed algorithm is composed of a nonlinear, hysteresis guidance law and the estimation accuracy assessment criteria based on the theory of Cramer-Rao bound. The proposed guidance law generates lateral acceleration command based on current field of view angle. The accuracy criteria supply the expected estimation variance, which acts as a terminal criterion for the proposed algorithm. The aforementioned algorithm is verified with a two-dimensional simulation.