I'm trying to make an FX as seen below, however in this example it's only seen from one direction and uses way too many elements, (about 1000)

So can anyone help me, make a similar FX, using less elements, and also need to know how to make it orientate with the model. (Example: With a oriented sprite, its always faces one direction, so if the model is angled differently, the fx doesn't orient itself with it when it should.)

https://dl.dropboxusercontent.com/u/134307129/ShareX/2015/07/2015-07-02_09-15-49.mp4

Edit: I made a simpler FX, but if someone would still like to help me make one like this, let me know!