By default yeah, you need to disable that gesture (or set it to 4 fingers) and then enable 3 finger drag in accessibility settings under trackpad. Aside from 3

By default yeah, you need to disable that gesture (or set it to 4 fingers) and then enable 3 finger drag in accessibility settings under trackpad. Aside from 3 finger drag though these are all in the normal trackpad settings, it's pretty clear about what does what and all of it can be disabled. This used to be a regular (non-accessibility) setting, not sure why they hid it away a few versions ago.