Ctr-click the last layer shape to make a new layer shape based on its shape. Make new layer and make sure it is placed right behind the displayed text base. Activate Brush tool and set its foreground color to black.
Paint lower part of the selection with black until the text base at the bottom of the stack fades into black background. Next, draw two rectangles on middle left and middle right side of the text base.
Double click the rectangles layer shape and then add Layer Style Inner Shadow, Inner Glow, and Gradient Overlay using following settings. Make sure you activate Preview option under the New Style button. This way, you can see the result in real time while editing the parameters.
In the Gradient Overlay setting, use following color in the gradient. To edit the gradient, click its preview to open Gradient Editor dialog box. Click below the bar to add color to the gradient.
This is the result we have.
Ctrl-click the rectangular shapes we have made earlier. Make new layer and then fill it with gradient from black to white as seen below.
Change its blend mode layer to Overlay.
Now, we want to add lines into the rectangular shapes. Make new layer and then draw a black line using Pencil tool. To produce a perfect straight line, drag while holding the Shift key
Hit Ctrl + A then Shift + Alt + Down. This step will duplicate the line we have just made earlier.
Without removing the selection, hit Ctrl + Shift + Alt + Down to keep on duplicating the line repeatedly.
Convert the lines layer to Clipping Mask, nested to the rectangle shape layer.
This is the result we have.
Ctrl-click the base of the displayed text to make new selection based their shapes. Click Edit > Stroke. Set width to 2 px with color white and location inside. Hit OK button.
Soften the stroke by applying Gaussian Blur filter. Set its Radius to 2 px.
Add layer mask into the mask and then fill it with black. Paint white using soft brush to reveal some parts of the stroke line.
Notice the subtle differences before and adding highlight on the text base edge.
Select the text display group layer. Hit Ctrl + J to duplicate it. Move its position next to the original text.
To help us keep track in the editing process, rename the new text display to Second Digit.
Currently, both texts are identical. We don’t want this. We don’t each text to be individually unique. To do this, we will add custom highlight on each of the text display. The process is similar to adding highlight that we’ve done earlier. Start by adding new group layer on top, for its name use custom highlight.
Ctrl-click the holes shape in both the text display to make new selection based on its shape.
Make new layer and then fill it with gradient frm white to black.
Change its layer’s blend mode to Overlay. Right now, one of the text is darker than the other.
Without removing the previous selection, make new layer and then fill it with black. Click Filter > Noise > Add Noise.
Change layer’s blend mode to Overlay.