If you aren't doing any backtesting and no other background apps, and just one chart or strategy with no special indicators, then 1GB should be fine.
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Hmm, the more the better, but all depends of the guest OS (XP, Vista, Seven, 32 or 64), how the guest OS is tuned (no additional services, no antivirus, no useless processes, ...), NT7 32 or 64, and how is written the strategy.
If all is correctly tuned, 384 mb is enough (XP 32/NT7 32).
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