I use different chords, rayan helped me out with this one earlier.
Cm7-F-Bbmin-Eb
That, F is the second formation? I hope my terms are correct.
But basically it's an E chord form played in the 3rd fret.
Like davo said, the picking is just playing the chords out.
The picking pattern I use are 3-2-3-1.
Try both ways out, and see what works for you.