No actually. The different colors of the flame indicates the approximate temperature wherein blue flame is the hottest ranging from ~250 °C to ~300 °C to red flame being the coolest ranging from ~85 °C to ~150 °C.
The arrangement of the color of flames by approximate temperature in increasing order is:
red > orange > yellow > white > light blue > blue.
Blue flame can be found at the base of the flame while red can be found from the outer aura of the flame extending to the atmosphere, decreasing the hue and luminosity of the color as the temperature decreases.
