In this paper, a new realtime algorithm called the RTPBTD-HPDAF (Recursive Temporal Profile Base Target Detection with Highest Probability Data Association Filter) is presented for tracking fast moving small targets with IIR (Imaging Infrared) sensor systems. Spatial filter algorithms are mainly used for target in IIR sensor system detection and tracking however they often generate high density clutter due to various shapes of cloud. The TPBTD (Temporal Profile Base Target Detection) algorithm based on the analysis of temporal behavior of individual pixels is known to have good performance for detection and tracking of fast moving target with suppressing clutter. However it is not suitable to detect stationary and abruptly maneuvering targets. Moreover its computational load may not be negligible. The PTPBTD-HPDAF algorithm proposed in this paper for real-time target detection and tracking is shown to be computationally cheap while it has benefit of tracking targets with abrupt maneuvers. The performance of the proposed RTPBTD-HPDAF algorithm is tested and compared with the spatial filter with HPDAF algorithm for run-time and track initiation at real IIR video.