alert/TRACE is a SAP Parameter attribute which is used to control Activates tracing of CCMS monitoring infrastructure. information. This is available within R/3 SAP systems depending on the version and release level.
Below is the standard documentation available and a few details of the attributes values .
The parameter overrides lower rdisp/TRACE in CCMS monitoring
infrastructure. The traces are written in developer trace files: dev_w*
abap work process, dev_disp abap dispatcher, dev_
See SAP Parameter Documentation for full SAP documentation for this profile parameter.