This arrangement of Shady Grove is easy to play. It’s in G Modal tuning so be sure to 2nd string up a half step to C from G tuning. G Modal tuning is most often used in old-time styles such as clawhammer but it works well for 3-finger picking too when you’re playing songs such as this.
My MP3 recording begins with the clawhammer arrangement and then ends with the arrangement below. I recorded it on the Gold Tone Banjola without picks but it sounds good played on a regular banjo with picks too.