Perhaps I am missing something but based on given information and AFAIK it is as per design that the first signal you could see when you try to configure signal logic after clicking on "+ New alert rule" is "Custom log search" (which is of "Log" signal type that comes under "Log Analytics" monitor service). This "Custom log search" can be used in case you want to generate alert based on your own custom query. But in case you want to re-use pre-existing signals (of signal type "Metric", "Activity Log", etc.) then you may search for required one and leverage them. I did a quick search with the keyword(s) "committed bytes in use" but couldn't see any related signal so I would go with "Custom log search" signal.
If your question is more towards how to generate alert based on countervalue of counter named "% Committed Bytes In Use" then make sure "alert logic" is set to "Metric measurement" and update your query something like shown below.
Perf
| where parse_json(CounterName) == "% Committed Bytes In Use"
| where parse_json(ObjectName) == "Memory"
| limit 10
| summarize AggregatedValue= avg(CounterValue) by Computer, bin(TimeGenerated, 30s)
For more information related to alert logics (either "metric measurement" or "number of results"), please refer this document.
Other related references:
https://docs.microsoft.com/en-us/azure/azure-monitor/platform/alerts-log#create-a-log-alert-rule-with-the-azure-portal
Hope this helps!! Cheers!!