Prayer flags, also known as "Wind Horse Flags," are transliterated from the Tibetan term Lungta—lung meaning "wind" and ta meaning "horse," symbolizing swiftness and vitality.
In Vajrayana Buddhism, the Wind Horse is regarded as one of the most skillful and expedient methods for overcoming karmic obstacles, extending one’s life span, and enhancing overall fortune and blessings.

When one's fortune is in decline or when one is plagued by spiritual disturbances or frequent illness that hinders the practice of Dharma, hanging prayer flags can help dispel negative forces, eliminate misfortune, promote longevity, and invite auspiciousness and prosperity. It is considered a powerful method for boosting merit and attracting wealth.
These Wind Horse flags are printed or inscribed with mantras, sacred texts, and the seed syllables of Buddhas, Bodhisattvas, and deities. They often feature symbolic images such as the wish-fulfilling jewel (mani), precious horses, and the Four Dignities (Garuda, Dragon, Snow Lion, and Tiger), rendered in five symbolic colors on cloth or paper.

As the five-colored flags flutter in the wind, the prayers and mantras inscribed upon them are carried across all directions, spreading blessings to all beings in the ten directions of space, enabling countless sentient beings to receive the Dharma and benefit from its merit.
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Tibetan Wind Horse Prayer Flags
The Meaning Behind the Prayer Flags Commonly Seen in Tibet