Step 1: Create a new document (400×400) and fill it with black.
Step 2: Go to LAYER >> NEW >> LAYER FROM BACKGROUND.
Step 3: Go to FILTER >> RENDER >> LENS FLARE and with the default settings, position it in the top-left corner.
Step 4: Duplicate your layer (CTRL+J) then go to EDIT >> TRANSFORM >> ROTATE 90 CW, after, set your blending mode to Screen. Merge all layers.
Step 5: Duplicate once again. Go to EDIT >> TRANSFORM >> ROTATE 180 . Set your blending mode to Screen. Merge both layers.
Step 6: Go to FILTER >> SKETCH >> CHROME with these settings :
Step 7: Duplicated your layer then go to FILTER >> DISTORT >> TWIRL with these settings :
Set your blending mode to Lighten. Merge all layers.
Step 8: I hope you’ve caught on to the trend. Duplicate your layer and go to FILTER >> DISTORT >> POLAR COORDINATES with these settings :
Options: Polar to Rectangular
Set your blending mode to Lighten. Merage all layers.
Step 9: Okay, this is the last time. Duplicate your layer then go to FILTER >> DISTORT >> WAVE with the default settings but click on ‘Randomize’ a few times. Set your blending mode to Lighten. Merge all layers.
Step 10: Open up the Color Balance box by going to IMAGE >> ADJUSTMENTS >> COLOR BALANCE and use these settings :
Color Levels : -20 0 +20
Color Levels : -22 0 0
Color Levels : -11 0 +9
Step 11: Go to IMAGE >> ROTATE CANVAS >> 90 CW. Go to FILTER >> STYLIZE >> WIND with these settings :
Direction: From the Right
Then go to IMAGE >> ROTATE CANVAS >> 90 CCW.
Step 12: Last step, go to IMAGE >> ADJUSTMENTS >> BRIGHTNESS > CONTRAST with these settings :
If you change the contrast, brightness and color balance earlier you can make something like this :