Hi,

As fas as I know there's no built-in effect like that. Typically it's achieved by importing a free or commercial video clip. Often called a 'lower third'. By googling for 'lower third orange smoke' I got two million hits, and some on the first page looked potential candidates. Here's the link:

You'd have to experiment and improvise. You can get transparency with Video > Effects > Chroma key/Black/White, depending on your material. And of course adjust size and position before adding to your main video.

Here's an extract from a video that tried (unsuccessfully) to convince my grandsons that grandad had recently returned from a solo trip to the Moon. I think it used a couple of 'lower third' effects, one for smoke and the other for fire.