The name looks OK.
Isomerism in alkenes is deals with isomers about the C=C. You can have trans isomers as you drew, or cis isomers where both substituents are on the same side of the olefin.
see picture.
The trans isomers are also known E (from the German entgegen = apart) and the cis isomers as Z (from the German zusammen = together.