Sanitizing command parameters in a DOSKEY macro

Let's say I have the following in my AutoRun script:

@doskey cd = @( ^
    for /f usebackq^^ delims^^=^^ eol^^= %%a in (^
        '$* ' ^
    ) do @( ^
        if "%%~a"==" " ( ^
            if /i not "%%CD%%"=="%%USERPROFILE%%" ( ^
                chdir /d "%%USERPROFILE%%" ^&^& ^
                set "OLDPWD=%%CD%%" ^
            ) ^
        ) else if "%%~a"=="- " ( ^
            if /i not "%%CD%%"=="%%OLDPWD%%" ( ^
                chdir /d "%%OLDPWD%%" ^&^& ^
                set "OLDPWD=%%CD%%" ^
            ) ^
        ) else ( ^
            if /i not "%%CD%%"=="%%~a" ( ^
                chdir /d "%%~a" ^&^& ^
                set "OLDPWD=%%CD%%" ^
            ) ^
        ) ^
    ) ^
)

This is supposed to emulate the behaviour of POSIX cd in cmd.exe, and for the most part it works great:

C:\Users\user>cd C:\

C:\>cd

C:\Users\user>cd -

C:\>

However, all it takes is an incomplete pair of double quotes to make that house of cards fall:

C:\>cd "
2> was unexpected at this time.

Is there a way of sanitizing macro input inline so that it can handle misplaced quotes properly?

I've tried/thought of the following:

creative use of for /f with single quotes - what you can see in the provided example: it doesn't break on a list of arguments during string comparison, but " is all it takes
turning the whole thing into a compound macro (i.e. for /l (1, 1, 2)... combined with set args=, at the end) - nope, can't enable delayed expansion from command line context
ignore $* and just use $1, $2 etc. and hope for the best - doesn't solve the problem as DOSKEY doesn't care about double quotes when delimiting arguments and not applicable to chdir anyway when command extensions are enabled, as it does not treat spaces (or anything) as delimiters

Solution

One simple way is to use the definition batch file for some code, too.
The macro uses set args= at the end and call then a batch file for the main code.
With this technique the code is also much more readable.

@echo off
REM *** Trampoline jump for function calls of the form ex. "C:\:function:\..\MyBatchFile.bat"
FOR /F "tokens=3 delims=:" %%L in ("%~0") DO goto :%%L


doskey cd=for %%# in ( 1 1 2) do @if %%#==2 ( "%~d0\:__cd:\..\%~pnx0" ) else set args=$*

exit /b

:__cd

setlocal EnableDelayedExpansion

for /F "delims=" %%a in (""!args!"") DO (
  endlocal
  if "%%~a"=="" (
      if /i not "%CD%"=="%USERPROFILE%" (
          chdir /d "%USERPROFILE%" && set "OLDPWD=%CD%"
      ) 
  ) else if "%%~a"=="-" (
       if /i not "%CD%"=="%OLDPWD%" (
            chdir /d "%OLDPWD%" && set "OLDPWD=%CD%"
       ) 
  ) else (
        if /i not "%CD%"=="%%~a" (
            chdir /d %%~a && set "OLDPWD=%CD%"
        )
  )
)

Doskey only:
But if you insist to solve it only with a doskey macro, you could use disappearing carets.

Line2 do the trick:
FOR %%^^^^ in ("") do defines an empty %%^ FOR meta variable.

This is used in for /f "delims=" %%a in (^^""$*%%~^^"^")
The %%~^^ escapes the next quote, but only if $* contains unbalanced quotes, and after the expansion the %%~^^ disappears.
The quote escaping solves the problem of unbalanced quotes in $*, because in the case of none or balanced quotes in $* it expands to a balanced quote string, but this works even for unbalanced quotes in $*

doskey cd=( ^
    FOR %%^^^^ in ("") do @for /f "delims=" %%a in (^^""$*%%~^^"^") do @( ^
        if "%%~a"=="" ( ^
            if /i not "%%CD%%"=="%%USERPROFILE%%" ( ^
                chdir /d "%%USERPROFILE%%" ^&^& ^
                set "OLDPWD=%%CD%%" ^
            ) ^
        ) else if "%%~a"=="-" ( ^
            if /i not "%%CD%%"=="%%OLDPWD%%" ( ^
                chdir /d "%%OLDPWD%%" ^&^& ^
                set "OLDPWD=%%CD%%" ^
            ) ^
        ) else ( ^
            if /i not "%%CD%%"=="%%~a" ( ^
                chdir /d %%~a  ^&^& ^
                set "OLDPWD=%%CD%%" ^
            ) ^
        ) ^
    ) ^
)

Batch file only version:

The great advantage of using a batch file, it can be used in batch files, too, but doskey macros can't.
That's because doskey macros has to be typed in via keyboard, they can't be activated in any other way.
But it can't be named cd.bat because cd.bat will only be called when the file is in the current directory, else the built in cd will be used

cdX.bat (the file should be in the path)

@echo off
setlocal EnableDelayedExpansion

for /F "delims=" %%a in (""!args!"") DO (
  endlocal
  if "%~1"=="" (
      if /i not "%CD%"=="%USERPROFILE%" (
          chdir /d "%USERPROFILE%" && set "OLDPWD=%CD%"
      ) 
  ) else if "%~1"=="-" (
       if /i not "%CD%"=="%OLDPWD%" (
            chdir /d "%OLDPWD%" && set "OLDPWD=%CD%"
       ) 
  ) else (
        if /i not "%CD%"=="%~1" (
            chdir /d "%~1" && set "OLDPWD=%CD%"
        )
  )
)