Gradient's parameters.
Take the next instrument
and represent a figure with the parameters demonstrated below.
Blending Options-Outer Glow
Blending Options-Gradient Overlay
Gradient's parameters.
Blending Options-Stroke
Applying the previous instrument, make another element of our picture with the shown sizes next step.
Blending Options-Gradient Overlay
Gradient's parameters.
Merge down now all the layers, composing the button in a group and copy this new made group.
Using the Free Transform selection, turn it around on 180 degrees horizontally and place everything out the same way it is shown next step.
Add then two triangles that must look exactly the same way with those created before.
Using the next tool
, insert a new circle with this parameters demonstrated next image.
Blending Options-Gradient Overlay
Gradient's parameters.
Take the same tool
and create a circle of black color with the parameters shown below.
Blending Options-Outer Glow
Applying the previous instrument, draw the next circle. Keep the same sizes.
Blending Options-Gradient Overlay
Gradient's parameters.
Applying this instrument
on a new layer create the next element colored in FF0000 like the next picture shows it clearly.
The final result!













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