What's a ferrule?
Seriously , I would never consider using ferrules on the MPPT. I don't know the name for those types of terminals, but they effectively maximize contact area between the terminal and stranded wire. Putting a ferrule in them would reduce contact area.
1.2. Wiring safety precautions •
Use flexible multi-stranded copper cable for the battery and PV connections. • The diameter of the individual strand of the cable used should not exceed 0.4mm (0.016 inch) or have a surface area exceeding 0.125mm² (AWG26). • The maximum operating temperature is 90°C (194°F). • • A 25mm² cable, for example, should have at least 196 strands (class 5 or higher stranding according to VDE 0295, IEC 60228 and BS6360). An AWG2 gauge cable should have at least 259/26 stranding (259 strands of AWG26). Example of suitable cable: class 5 “Tri-rated” cable (it has three approvals: American (UL), Canadian (CSA) and British (BS)). •
In case of thicker strands the contact area will be too small and the resulting high contact resistance will cause severe overheating, eventually resulting in fire. See below figure for examples of what cable to use and not to use.
View attachment 142745
I would say this is consistent with Guy's assertion.