This tutorial is available as a PDF. Click here to view or download it
It's more convenient to download a frame from the internet, but for those who want to have fun...
I am sure there are much simpler methods than the one below.
I apologize for my bad English.
Plugins needed:
Object Align
Polar Transformation
1. Start with a new canvas by 800x800px.
2. Add a new layer then draw a black horizontal line (press and hold Shift key) on entire canvas and a little in outside.
In the Effect menu click on Object Align and choose Align Both.
3. Make the same thing like in the step 2, but for vertical line.
Now click on Merge Layer Down button or press Ctrl+M keys. We have now a centered "crosshair" layer.
4. Add a new layer and move it down.
5. In the Colors floating window click on More>> button.Type in the Hex box: 7F0000.
Click on swap Colors button and type in the Hex box: E2CD7F.
Click on <<Less button.
6. In the Tools floating window click on Ellipse then draw a circle (press and hold Shift key).
Click on Move Selection tool and move the circle to centered.
Press G (gradient) an choose radial.
7. Left click on the center of crosshair and draw a radial shape from the center to the edge of the circle.
Press Enter, Ctrl+D or Esc key to deselect.
In the Effect menu click on Object Align and choose Align Both. Delete "crosshair" layer.
8. In the Effects menu click on Distort and choose Polar Inversion with following settings:
You get a ring.
9. In the Effects menu click again on Distort and choose Polar Transformation with following settings:
10. In the Tools floating window click on Move Selected Pixels activate the rullers and resize to half = 400px (press and hold Shift key) and then (release Shift key) stretch it to the right.
Duplicate the layer.
Go to Layers menu and click on Rotate/Zoom... and rotate with 90°.
11. Now we need to cut the corners at 45°. In the Tools floating window click on Rectangle Select and draw a rectangle.Then press M key twice (Move Selection) press and hold Shift key and right click on the corner of selection and rotate in 15 degrees steps
Look in to bottom of the window (Angle = 45°). Cut the selection.
Select bottom layer and repeat the actions.
12. Make Background layer invisible then flatten limage (Ctrl+Shift+F).
13. Duplicate the layer, flip orizontal, cut the corner, Merge Layer Down.
14. Duplicate the layer, flip vertical, cut the corners,( both layers - Top and Bottom).
15. Merge Layer Down.
You can use Adjustments>>Conditional Hue / Saturation plug in to change colours or Effects>>Color>>Metallize plug in.
You can use a wood texture in another layer and set the blend mode to overlay.