For the beginning we need to create a new file of 1600x1200 px and 72 dpi. After that create another file of 4x4 px and 72 dpi too. Using the Pencil Tool

Pencil Tool (B).

Select the next option in the main menu – Edit>Define Pattern… Our pattern this way is saved.
Pass then on the first file and select Edit>Fill. Find the pattern in the Custom Pattern selection and press there OK.



Now we have a texture on the entire canvas.



Choose now the Rectangle Tool (U) and represent several lines, turning them over with the Free Transform option (Ctrl+T). The color's code is #2A2A2A



Take then thePen Tool

Pen Tool (P).

Select for this layer Blending Options>Inner Shadow and follow the next parameters.

 

Blending Options>Inner Glow

 

Blending Options>Bevel and Emboss

 

Blending Options>Satin



It must be the same result you may see below:



Now we'll select the Pen Tool (P) to draw several waves of different colors. You may see below all the colors' codes for the new elements. You may insert also the Blending mode.



Press Alt button and make a mouse click between the layers (on the layers' palette). This operation must be done with all the layers containing the waves.

Parts  1   2   3

Source

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