Gritty Glitch Text Effect

PSD
This file was created with 4000 x 3500 px, dpi 300, RGB mode color
To edit the file, double click on the thumbnail at layer "Change your design here" or right click -> edit content at layer smart object in the top of layer panel.
Place your text there and hit Command + S or Ctrl + S to save your changes. Close the smart layer and let the effect does it work.