There is no setting that will allow you to do a burnout with an X5...
Only way you can do that is to run a 5306 in a 20" wheel at 100V and lean forward.
Your controller has the ability to deliver the maximum amount of current that the motor can even take - this current can be calculated as:
Ohms Law: V / R = I
Supply Voltage / Total resistance of Phase wire + motor coil resistance
So you dont need to turn up the current anymore. The limitation you are experiencing is due to the gearing of your bicycle - this gearing is driven by the winding of your motor (5304, 5305, 5306), the diameter of your wheel (16", 20", 24", 26"), and the voltage you are running (48V, 72V, 100V)
The maximum amount of usable current that you can push through an X5 is around 100A
Anything more than 100A is just getting turned directly into heat:
Heat = Power
Power = I * I * R
The heat goes up with the square of current.
This ties into your efficiency... dumping loads of current into the motor will just make it hot and slow you down
Oddly... Turning DOWN your current limit can sometimes make your bike *faster*
Anyhow - It is good that you have double-size phase wires but that wont help your motor.
Inside your motor the wire gauge is somewhere between 12AWG and 13AWG I suspect.
The only thing that stops you from melting those internal wires is the RPM of the motor and the back EMF that this creates..... But that is another story.
-methods