Not quite right. Lets say the TRVs are set to 20 and the hall thermostat to 25. The rooms will heat up and when they reach 20 the TRV will close down just enough to maintain the room temperature at 20. The hall will carry on heating until it reaches 25, at which point the thermostat opens and turns the boiler off. Both hall and the rooms then start to cool down. The boiler will not come on again until the hall thermostat closes. The drop in temperature will depend on the type of thermostat. Very old mechanical ones had a temperature difference of 4 or 5 degrees; modern mechanical stats have a differential of about 2 degrees. The latest digital stats, which use a temperature sensitive resistor to measure the temperature, have a differential of between 05. and 1 degree.
Normally you would not have the hall stat set so much higher than the rooms. The correct setting will have to be found by trail and error -start with the stat set high, so the TRVs work, and then reduce the stat by 0.5 degree at a time until the TRV can no longer maintain the room temperature. Then put the temp up 0.5 degrees.
do any thermostatic radiators have thermostats on other than numbers 1 - 5
No manufacturer makes TRVs with actual temperatures on them. The reason for this is that each heating system is different and so is each room. One room may require the TRV set to 3 to maintain a temperature of 20, another room may need the TRV set to 4 for the same temperature.