Looks like you've come up with a double slipped Prusik knot.
Slipping a
Prusik hitch takes one into philosophical
territory (like "one hand clapping", but with cordage)!
In any case, it is a more mundane version of the
rolling hitch --
cow vs.
clove orientation
of the closing part-- that we see here, with the usual
sort of slips one might figure given some knot knowledge,
as Xarax remarks.
Trying it out with small diameter Dyneema I would say that this is not the best knot for this type of material as it will pull the bight through, which I was able to do with a hand and foot pulling test arrangement.
Ah, from inspection of images only, I wondered
at this vulnerability --that what I call the "frame"
wasn't small enough to enable the toggle a sure
hold of the slip-bight. (This is a problem with the
over-popularized (uncritically)
highwayman's hitch,
btw.)
--dl*
====
ps : Wow, I'm really impressed by the soooooooo exacting
file sizes!! (I'm happy if I sneak in a 90ish kb file under the
limit; but, here, you've got 99 and fractions!)
