This has been discussed a few times in the past.
You're going to have a minimum of $5k for one cylinder and another $2-3k for each additional cylinder.
www.kistler.com
www.pcb.com
You need a data acquisition that can sample and store at a minimum of 10kHz and can plot.
www.dewesoft.com makes a nice product with very capable acquisition and analysis software (though it's difficult to learn)
www.dataq.com makes an inexpensive product, however with very limited software
Probably the cheapest thing would be an USB oscilloscope (
www.propscope.com) with a crank trigger in the 2nd channel of the scope and delay the trigger so you see the compression/power stroke. No real ability to save data, but you'll get a visual of cylinder pressures and
maybe injection timing if your trigger is very stable and you're zoomed in. You might be able to do this for a couple thousand.
The sensors are the most expensive part. You might be able to use the new Common Rail Glow Plugs since they're also pressure sensors.
They're ~$125 each but you'll probably have to do your own bridge completion and temperature compensation to get good data.