Tourniquet assemblies are provided including a pressure applicator adapted to be secured around a limb and a tensioning mechanism for applying a working tension to the pressure applicator. The tensioning mechanism may include a platform, a clip and a tensioning member. The tensioning mechanism may be configured to apply the working tension via rotation of the tensioning member, and the clip may be configured to receive, and at least temporarily inhibit rotation of, the tensioning member. A tension indicator may also be provided including a base configured to attach to a tourniquet strap, a platform configured to move relative to the base when subjected to a tourniquet working pressure, and one or more tactile or visual indicators configured to provide a variable tactile or visual indicator based on the tourniquet working pressure.