The prayer flag tradition is ancient dating back thousands of years in India and to the shamanistic Bon tradition of pre-Buddhist Tibet. Blue for sky or space White for air or clouds Red for fire Green for water Yellow for earth They also represent directions North South East West and Center. Balancing these elements externally brings harmony to the environment. According to Traditional Tibetan medicine health and harmony are produced through the balance of the five elements. Om Mani Padme Hum has a very deep meaning Om- The sacred syllable Mani- Jewel Padme Lotus Hum Spirit of enlightenment This mantra does not have one particular meaning. It a combination of values like compassion ethics patience diligence renunciation and wisdom.