This stitch pattern works well for use in home décor items such as pillows and multi-color projects


With color A, cast on a multiple of 6 sts + 3.
Row 1 (Wrong side): With color A, purl all sts.
Row 2 (Right side): With color B, k1, * k4, sl 2 wyib; repeat from * to last 2 sts, k2.
Row 3: With color B, p2, * sl 2 wyif, p4; repeat from * to last st, k1.
Row 4: With color A, k2 * sl 2 wyib, RT, LT; repeat from * to last st, k1.
Row 5: With color A, purl all sts.
Row 6: With color B, k2, * sl 2 wyib, k4; repeat from * to last st, k1.  
Row 7: With color B, p1, * p4, sl 2 wyif; repeat from * to last 2 sts, p2.
Row 8: With color A, k1, * RT, LT, sl 2 wyib; repeat from   * to last 2 sts, k2.
Repeat rows 1-8 until you have reached your desired length.

Knitting abbreviations:
Knit: K | Purl: P  |  Slip stitch as if to purl: Sl
With yarn in back: Wyib   |   With yarn in front: Wyif.
Right twist (RT): Skip 1 stitch and knit the second stitch, leave on needle; then knit the skipped stitch, slip both stitches from the needle together.
Left twist (LT): Skip 1 stitch and knit into back of second stitch, leave on needle; then knit the skipped stitch, slip both stitches from the needle together.