The Transgender Pride flag was designed by Monica Helms, and was first shown at a pride parade in Phoenix, Arizona in the US in 2000.
The flag represents the transgendered community and consists of five horizontal stripes, two light blue, two pink, with a white stripe in the center. Transgender is generally used as an overarching term for a variety of individuals, behaviors, and groups involving tendencies along the gender continuum that are opposite to or in divergence from the gender role (woman or man) commonly, but not always, assigned for life at birth. ... Blue is any of a number of similar colors. ... Pink is a color made by mixing red and white and sometimes described as being a light red, but it is more accurately a bright undersaturated red. ... White is a color (more accurately it contains all the colors of the visible spectrum and is sometimes described as an achromatic color—black is the absence of color) that has high brightness but zero hue. ... Look up Center on Wiktionary, the free dictionary This is a disambiguation page, a list of pages that otherwise might share the same title. ...

Monica describes the meaning of the flag as follows:

The light blue is the traditional color for baby boys, pink is for girls, and the white in the middle is for those who are transitioning, those who feel they have a neutral gender or no gender, and those who are intersexed. The pattern is such that no matter which way you fly it, it will always be correct. This symbolizes us trying to find correctness in our own lives. Four young boys. ... The examples and perspective in this article or section may not represent a worldwide view. ... An intersexual or intersex person (or organism of any unisexual species) is one who is born with genitalia and/or secondary sex characteristics determined as neither exclusively male nor female, or which combine features of the male and female sexes. ...