Guitarist Frank Iero said the band will try to capture the narrative of the record while performing live, NME.com said.
"The story's going be told visually this time around," Iero said. "As far as us becoming (fictional band) The Black Parade and some of the different characters from the record, yeah, they will be there."
The group is on tour in Australia before traveling to the United States later this month. The stage for the show reportedly is being built in Los Angeles.
"I don't want to give away too much, and also a lot of it is still in production as of right now to see what we can feasibly make work," Iero said.