God’s four attributes (or characteristics) appear in Revelation 4:6-9. They should not be called “beasts.” The accurate translation is “living ones.” These four living ones seem to directly relate to the four colored horses. The horses symbolize the wrong application of God’s attributes.
The “four living ones” are found in Ezekiel 1:5,10; 10:14 – “Four living creatures… they had the faces of a man; and they four had the faces of a lion on the right side; and they four had the faces of an ox on the left side; they four had also the faces of an eagle” In Revelation 4:7; “And the first living creature was like a lion, and the second living creature like a bullock, and the third living creature had the face as of a man, and the fourth living creature was like a flying eagle”
We believe this shows: Man (love); cherub or bullock (justice); lion (power); eagle (wisdom). Love was shown in creating life; justice in redeeming man by the ransom sacrifice of Jesus Christ; power in the resurrection from the dead; and all of this showing God’s wisdom.
Revelation 6:2-10 are historical and occur during Satan's reign on earth (2 Corinthians 4:4, Ephesians 2:2). This is before Christ returns in power as shown in verse 10. Justice is still requiring retribution against persecutors of the righteous. Therefore, the four horses represent counterfeit displays of God's attributes.
White Horse: White usually represents righteousness and power (Revelation 3:5, 19:11). However, in Revelation 6:2, white represents the misuse of power masquerading as holy. 2 Corinthians 11:14, "Satan disguises himself as an angel of light."
Red (fire-colored – G4450) Horse: “Another horse that was red: and power was given to him that sat thereon to take peace from the earth, and that they should kill one another: and there was given unto him a great sword,” Revelation 6:4. Here red is the opposite of justice – the unjust, un-Christlike persecuting spirit. The persecuting red dragon (Revelation 12: 3) is the only other use of this Greek word “fire-colored.”
Black Horse: “Lo a black horse; and he that sat on him had a pair of balances in his hand.” Revelation 6:5-6; While Love shows compassion, Un-love (black) is blind, indifferent, and extorts a high price for grain in a time of famine. The true black horses are a special comfort to God (Zechariah 6:6,8) and the adored one is black and comely (Songs of Solomon 1:5) .
Green Horse: “A green horse: and his name that sat on him was Death, and Hell followed with him,” Revelation 6:8. While the Greek plainly says “green,” translators never use this unnatural horse color. Green represents true wisdom and life. “Happy is the man that finds wisdom… She is a [green] tree of life to them that lay hold upon her” (Proverbs 3:13-18) While the green horse tries to represent life – unwisdom brings death.