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Ok, I'll simplify it for you.
You can broadcast your SSID to planet Mars, leave MAC filtering off, let your DHCP assign 3000 IP's, put your router on your front porch with an antenna that transmits to Mongolia and as long as you have two components setup properly, you can still be relatively safe.
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1) It's called WPA-PSK encryption - most routers have it and I suggest you use it.
2) a 20+ character (mix of symbols, upper/lowercase, numbers) passphrase.
Why do I say this? Because during the initial 4-Way Handshake, a sniffer can gather everything it needs to connect to your network except your passphrase.
What about if you got a packet sniffer capable of packet reassembly? You would near more than just WPA with PSK encryption. ;) To secure it. ;)