Is this a carbon or stainless steel? Alot of the (newer)saw blades I've seen are made with a chrome moly steel, thats not necessarily something you can heat treat with a simple set up.
Get the scrap left over from the saw blade and make yourself some test peices (just small strips, maybe 1/2" X2 or 3 inches should work), you're going to have to work up your own heat treating procedure for this.
First off, treat it as a simple carbon steel. Heat it until it becomes non magnetic. This will most likely be somewhere between 1400 and 1500 deg F, and the blade will be a dull to medium red, not quite orange. Its best to just have a magnet handy to check it. Color is subjective, and will depend alot on the amount of light where you're working. Its better to check with a magnet and learn what color to look for in your shop.
Once it has become non magnetic, hold it there for a little bit to ensure even heating. Be careful not to overheat the tip or any of the thin parts as this will cause grain growth.
Now let it air cool until it can be handled by hand. This is normalizing. It will erase and work hardening, or prior heat treating done to the steel. You will get a uniform grain structure to start your heat treatment with, and it will help reduce warping or cracking when you quench. Normalizing isn't as important for the test peices, but you want to use a consistent method so you can do the knife at the end.
Heat the peice to non magnetic again, this is called the critical temperature. Its the point at which the steel forms austenite (carbon is dissolved). Once again, heat evenly and do not overheat.
Now quench the peice in a light oil that has been preheated to 110-120 degrees or so. Used motor oil, hydraulic oil, vegetable oil etc. all work usually.
You have to be quick on this, the steel should still be at critical temperature when it hits the oil. By doing this you trap the carbon in the crystal structure, and transform the austenite into martensite. This change is what makes the steel hard enough to be used as a knife. If there isn't enough carbon present, or the alloy is too complex for your heat treating method, the outcome will be a soft blade.
Once the peice has cooled to the temperature of your quenching oil, test it with a file. The file should skate across it like a peice of glass, rather than bite into it. Compare filing an untreated peice to your test peice. If the file skates, you're in good shape.
You can also try to snap a peice off of it in a vice. If it hardened, it should break like glass before tempering. If it bends alot before breaking, or won't break, it didn't harden enough. If it does break, take a look at the grain where the break is. The finer is is, the better it will be.
If it did harden, you can move on to tempering. I'd start out putting it in your oven at 350 degrees and seeing what color it turns(clean the scale off first), your looking for a light straw color. It generally shows up around 400 deg F, but kitchen ovens are always off a little bit, so your best off to start low and work up to it the first time. Then you can use the same procedure on your knife blade.
If it didn't harden, you can try the same procedure again quenching in water (don't use cold water). You can also try holding the peice at non magnetic longer before you quench. Some steels with a more complex alloy take longer to austenitize. So hold it at heat for 5 or 10 minutes and see what happens quenching it in oil again.
I'm pretty confident that you can get a useable blade out of this if you put a little work into figuring out the heat treat. It may not harden as well as you'd like but I bet that it turns out useable. This is why I really like to stick with a known steel, so that I have a heat treat procedure available and only have to do a little fine tuning to get the results I want from my equipment.