In theory that should all work. There are a few things to check first though:
1) Does the DVD recorder accept an external signal? (Aux, Line-in etc)
2) Have you made the correct connections? Nearly every novice seems to get confused and mix up their inputs and outputs. The simple idea that signal come pout of devices such as VHS machines on output sockets, and they go in to recording or display device on input sockets just seems to be hard to grasp
3) Getting the correct switching. The DVD recorder certainly is capable of recording from TV. But to make it so that it "sees" the signal from the VHS machine then you'll need to select the correct Line input. Guessing or just leaving it to chance won't do. If it's not done right then you end up with a week's worth of blank discs
4) Hook up a display!! You can't seriously expect to make all these connections and get the switching options right without seeing the result on a TV. Without this step then you can't really move forward
5) Curing the VHS wobbles. Video tapes aren't the most stable source to record from. If you have adjusted the tracking control and yet your DVD recordings are still shaky or the recording fails in places then you'll need a piece of equipment between the VCR and the DVD Recorder to stabilize the signal. This is where you start to spend money.
You can go three ways here. The first is to ditch the DVD recorder completely and go for a video capture solution for the PC. This relies though on you having a decent PC or laptop with enough hard drive space for the large video files that you will create and, inevitably, some software to edit the data to tidy it up and make a DVD with a menu structure that will play on any ordinary DVD player or Blu-ray player.
The second is to stick with the DVD recorder and purchase a sync stabilizer device. These are known as Frame Store Time Base Correctors (TBC for short). Back in the 80's and early 90's when this technology was rare then a TBC would cost several thousand pounds. Fortunately for you these things are now available in the domestic market for under £150. This is decent without breaking the bank.
LINK It has some picture control features too.
The third way still involves at TBC, but this time it is built into an altogether more useful device called an AV mixer. This is a mini post production studio that combines a vision mixer and audio mixer in a single console. Panasonic made the best of these. Their entry-level WJ AVE5. It does the job of fixing the sync tracks and a lot more besides:
Fade in and out from a background colour
Mix, fade and wipe between two video signals
Overlay video titles with a colour key effect - fade, wipe
Freeze frame, strobe effects
Posterise, pixelate and paint video effect
Audipo mixing from two video sources, a line source (CD/tape/MP3 etc) and a mic input for voice-overs and narration
Back in the day these things and their bigger brothers revolutionised semi-pro video production. Suddeenly it was possible to set up a small studio for under £5,000 and do decent video production. The mixers themselves ranged in price from £900 up to £3,000.
WJ AVE5's in decent condition change hands on Ebay for under £100. Bargain!