That's how they were made, except Link's Awakening goes after aLttP.
Now, as for the actual timeline, it's more something like this
Ocarina of Time
Majora's Mask
Wind Waker
Link's Awakening/LADX
(I'm thinking Twiligh Princess will be here, but I'm not sure yet. I believe it has the creation of the Dark World in it)
A Link to the Past
Zelda I
Zelda II: Link's Adventure, or whatever the subtitle was called.