A tension adjusting and stabilization system and method can include an elastic compression bandage including long-stretch elastomeric yarns and an approximate 1:1 stretch characteristic. A change in length-wise stretch of the bandage results in an approximately proportional change in compressive pressure provided by the bandage. The system and method can further include a means for indicating a qualitative degree of tension of the bandage and a means for indicating a quantitative amount of pressure being applied by that degree of tension.
