The classic approach is to go second. Normal summon Cyber-Stein and then summon a beat-stick with 4000 ATK or more for example:

• Blue-Eyes Ultimate Dragon
  
• Master of Oz
  
• Cyber End Dragon

Then use Limiter Removal (if applicable) or Megamorph to double the attack.
Obviously this strategy doesn't work in any modern meta.

In the meta you want to go first. The decks main problem is that a single "Ash Blossom & Joyous Spring" (or any other generic hand trap) can stop the combo dead in its tracks. The overall goal of the deck is to burn your opponent for 8000 monster effect damage.

Overall cost:
28 cards
11 cards
8 cards
6 cards

A good video on this option is the video bellow from Tainted Wisdom. It shows the general combo and the deck list (I will also explain how it works).

Card list:
Igknight Squire (3)
Igknight Crusader (3)
Igknight Templar (3)
Igknight Paladin (3)
Igknight Margrave (3)
Igknight Cavalier (3)
Igknight Gallant (3)
Igknight Veteran (3)
Squeaknight (1)
Sword of Deep-Seated (1)
Mokey Mokey King (2)
Rescue Hamster (1)
Summoner's Art (3)
Horn of the Unicorn (1)
Telekinetic Charger Cell (2)
Moon Mirror Shield (1)
Windwitch - Crystal Bell (1)
D/D/D Super Doom Knight Purple Armageddon (2)
Reprodocus (1)
Infernoble Knight - Renaud (1)
Sublimation Knight (1)
Armageddon Knight (1)
Painful Decision (1)
Lyeilusc- Independent Nightingale (1)
Mudragon of the Swamp (1)
Supreme King Dragon Starving Venom (1)
Number 60: Dugares the Timeless (1)
Proxy F magician (1)
Cyber-Stein (duh)
Rescue Rabbit (3)
Reinforcement of the Army (1)
Number 6: Chronomaly Atlandis (1)
Isolde, Two Tales of the Noble Knights (1)
Zefra Metaltron (1)
Saryuja Skull Dread (1)

Deck preview:

Sample hand:

1. Put 2 Igkniigh monsters in your pendulum zones.
   
2. Activate effect and add one Igkniigh so you have one with a scale of 2 and one with the scale 7 in your hand. IF you already have both scales add Sublimation Knight.
   
3. Normal summon Sublimation Knight and equip Squeaknight.
   
4. summon Squeakknight.
   
5. Summon Isolde, Two Tales of the Noble Knights. Activate its effect and add another Igkniigh monster.
   
6. Activate Isolde, Two Tales of the Noble Knights effect and send 4 equip cards to the Graveyard to summon Armageddon knight.
   
7. Activate its effect to send Cyber-Stein to the Graveyard.
   
8. Pendulum summon 2 Igkniigt monsters.
   
9. Activate the pendulum scale effect to add Infernoble Knight - Renaud.
   
10. Special summon Infernoble Knight - Renaud and use its effect to add Telekinetic Charger Cell from the graveyard to the hand.
    
11. Summon Proxy F magician and then use it's effect to summon Mudragon of the swamp (Be careful so you are have 2 level 4 monsters on the field)
    
12. summon Number 60: Dugares the Timeless. Active its effect to summon from the Graveyard. Summon Cyber-Stein You must summon him bellow an empty extra monster zone.
    
13. Use the other 2 monsters to summon Reprodocus, and use its effect to change Cyber-Stein Type to Psychic.
    
14. Equip Telekinetic Charger Cell.

This is the generic setup for the board. In the next section you will find how to deal the damage.

This part is relevant after you have Cyber-Stein of the field equiped with Telekinetic Charger Cell.

If you have Number 60: Dugares the Timeless in the graveyard you can summon 2 copies of Monkey Monkey King to summon Number 6: Chronomaly Atlandis. Equip it with Number 60: Dugares the Timeless then activate the effect to split your opponents life points.

The first step to inflict the OTK damage is to summon Lyeilusc- Independent Nightingale and activate its effect to inflict 500 damage.

Then you have 2 options:
a Summon Windwitch - Crystal Bell and copy the effect of Summon Lyeilusc- Independent Nightingale and inflict 4000 damage.
b Summon 2 copies of D/D/D Super Doom Knight Purple Armageddon and then summon Supreme King Dragon Starving Venom and copy the effect of Lyeilusc- Independent Nightingale

That is an alternative deck list that uses the same general ideal, but requires less extra deck cards (so it's cheaper).

Overall cost:
25 cards
14 cards
5 cards
4 cards

Card list:
Igknight Squire (3)
Igknight Crusader (3)
Igknight Templar (3)
Igknight Paladin (3)
Igknight Margrave (3)
Igknight Cavalier (3)
Igknight Gallant (3)
Igknight Veteran (3)
Squeaknight (1)
Sword of Deep-Seated (1)
Summoner's Art (3)
Horn of the Unicorn (1)
Telekinetic Charger Cell (2)
Moon Mirror Shield (1)
Windwitch - Crystal Bell (1)
D/D/D Super Doom Knight Purple Armageddon (2)
Righty Driver (1)
Road Warrior (1)
Reprodocus (2)
Infernoble Knight - Renaud (1)
Sublimation Knight (1)
Lyeilusc- Independent Nightingale (1)
Supreme King Dragon Starving Venom (1)
Cyber-Stein (duh)
Reinforcement of the Army (1)
Isolde, Two Tales of the Noble Knights (1)
Crystron Halqfibrax (1)

1. Put 2 Igkniigh monsters in your pendulum zones.
   
2. Activate effect add Sublimation Knight.
   
3. Normal summon Sublimation Knight and equip Squeaknight.
   
4. summon Squeakknight.
   
5. Summon Isolde, Two Tales of the Noble Knights. Activate its effect and add another Igkniigh monster.
   
6. Pendulum summon 2 level 6 Igkniigt monsters.
   
7. Activate Isolde, Two Tales of the Noble Knights effect and send Telekinetic Charger Cell to the
   
8. Graveyard to summon Infernoble Knight - Renaud.
   
9. Add back Telekinetic Charger Cell to the hand with the effect Infernoble Knight - Renaud.
   
10. Summon Crystron Halqifibrax.
    
11. Activate it's effect to summon Righty Driver.
    
12. Summon Road Warrior and activate its effect to Summon Cyber-Stein.
    
13. Summon Reprodocus.
    
14. Use its effect to change Cyber-Stein Type to Psychic.
    
15. Equip Telekinetic Charger Cell.