You are about right but I can't tell you 100% the correct connection at the bandit low tension.
Its definitely cop 1 to cop 4 and cop 2 to cop 3 in series but can not remember which side goes to the 12v and which to the trigger.
I've a picture of the wiring as fitted to the zxr4, I will post it when I get to a computer as my phone app will not allow me to copy the url.