I don't have an easy way to do tracert from windows connected to the router.
That wasn't my point. I want you to simply try it and see the difference in "traceroute output" in other implementations, per your thread's title.
I assume its output would be similar as mikrotik - it would reach the router but nothing behind it. Or not?
Why assume, and why ask me? Try it and find out.
if zero response of 2 pings to 8.8.8.8 and 2 pings to 1.1.1.1 is not an outage then what is it?
Not my point. I'm saying that traceroute often fails at TTL=2 and sometimes at TTL=3 because ISP border gateways often don't respond to ICMP echo requests. Your own results
a few steps down from the top post show this at TTL=2 and TTL=4. This is common, and it means your failure-case results aren't diagnostic relative to ping: a failure at TTL=2 is normal even when the link is up.
If you wait for the traceroute to time out by hitting its TTL limit, and you get no result beyond your local router, then it isn't telling you anything a ping doesn't.
I'm not telling you you have no ISP outages, but your traceroute results aren't giving you much here relative to your ping failures. About all it tells you is that the whole link goes down, at the border.