You have to have all the .ARC files in one directory (any directory). But do not create that directory under the Dytran installation as it will clutter the installation directory. In fact, do not create any of your analysis directory under C:\MSC.Software. This directory should be only used for software installations.
Suppose you have all your .ARC files in a directory named C:\test, you can create a CMD and move to this directory by typing and returning CD\test. The you can type the following to execute the conversion:
Alternatively if you have python installed, the script attached can be run in a bat file that will find all *_0.ARC files and convert them as well as create a simple paraview script that processes all pvd files and runs the cellDataToPointData filter. If the ARC file has 'Euler' somewhere in its name I also process the FMATPLT isovolume filter afterwards.