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1. Diagonal Lines
2. Outline Object
3. Text Mask from here: https://forums.getpaint.net/topic/111330-unfinished-plugins/?do=findComment&comment=550999
4. Drop Shadow
5. Bevel Object
I used 'pooplatter' font from here: https://www.dafont.com/pooplatter.font
Fill Background with black color then add a new layer and fill that layer (White) with white color.
Add a new layer (Stripe) and run Diagonal Lines effect with the following settings:
Run Outline Object with the following settings:
Now you must to have that:
Merge layer down (Stripe + White) and run Text Mask effect with the following settings:
Now you must to get that:
Duplicate the White layer (I gave it the name: White - eroded text) and in that layer run the AA's_Assistant 17 times (or much better - Median plugin: Radius=15, Percentile=3) to get an eroded text.
Median is part of Noise submenu.
Before that, make the layer underneath invisible to see the effect of your actions.
Run Drop Shadow effect with the following settings:
Make visible the underneath layer and run AA's_Assistant 3 times.
Select White layer and run Bevel Object effect with the following settings:
Inspired from here: https://www.youtube.com/watch?v=v72VmVmR6cw