Personally I don't use wax,for the following reasons: 1, It offers no protection of any kind. 2, Using wax introduces a never ending maintenance schedule. Colored wax is just that wax with color added,usually pigment. Almost any decent hardware store will sell Johnson's or some other furniture wax. You can also make your qwn ,using mostly parafin & beeswax with about 10% carnuba. A lot of effort for very little gain.
Regards
Jerry
Regards
Jerry