diff --git a/doc/Release.md b/doc/Release.md
index cf6f9fb..20a4db6 100644
--- a/doc/Release.md
+++ b/doc/Release.md
@@ -11,9 +11,10 @@ release on Itch.
 This script uses configuration stored in [`packageconfig.json`](./PackageConfig.md).
 
 ```
-  ue4-release.ps1 -version:ver -variants:v1,v2 -services:steam,itch [-src:sourcefolder] [-dryrun]
+  ue4-release.ps1 [-version:ver|-latest] -variants:v1,v2 -services:steam,itch [-src:sourcefolder] [-dryrun]
 
   -version:ver        : Version to release; must have been packaged already
+  -latest             : Instead of an explicit version, release one identified in project settings  
   -variants:var1,var2 : Name of variants to release. Omit to use DefaultVariants
   -services:s1,s2     : Name of services to release to. Can omit and rely on ReleaseTo
                         setting of variant in packageconfig.json
@@ -25,7 +26,8 @@ This script uses configuration stored in [`packageconfig.json`](./PackageConfig.
 
 ## Uploading all builds at once
 
-The only mandatory argument is the version number. With only that argument, 
+The only mandatory argument is the version number, which you can specify explicitly, 
+or use the `-latest` option to take the version from project settings. With only that argument, 
 the script will process all the [default variants](./PackageConfig.md#defaultvariants)
 for this project and release any which have [release settings](./PackageConfig.md#defaultvariants).
 This allows you to push all your builds for a given version at once.
diff --git a/ue4-release.ps1 b/ue4-release.ps1
index 3f1bf6d..5957c7d 100644
--- a/ue4-release.ps1
+++ b/ue4-release.ps1
@@ -1,7 +1,9 @@
 [CmdletBinding()] # Fail on unknown args
 param (
-    # Version to release
+    # Explicit version to release
     [string]$version,
+    # Latest version option instead of explicit version
+    [switch]$latest,
     # Variant name(s) to release; if not specified release all DefaultVariants with ReleaseTo options
     [array]$variants,
     # Source folder, current dir if omitted
@@ -15,6 +17,7 @@ param (
 
 . $PSScriptRoot\inc\platform.ps1
 . $PSScriptRoot\inc\packageconfig.ps1
+. $PSScriptRoot\inc\projectversion.ps1
 . $PSScriptRoot\inc\filetools.ps1
 . $PSScriptRoot\inc\steam.ps1
 . $PSScriptRoot\inc\itch.ps1
@@ -23,9 +26,10 @@ param (
 function Write-Usage {
     Write-Output "Steve's UE4 release tool"
     Write-Output "Usage:"
-    Write-Output "  ue4-release.ps1 -version:ver -variant:var -services:steam,itch [-src:sourcefolder] [-dryrun]"
+    Write-Output "  ue4-release.ps1 [-version:ver|-latest] -variant:var -services:steam,itch [-src:sourcefolder] [-dryrun]"
     Write-Output " "
     Write-Output "  -version:ver        : Version to release; must have been packaged already"
+    Write-Output "  -latest             : Instead of an explicit version, release one identified in project settings"
     Write-Output "  -variants:var1,var2 : Name of variants to release. Omit to use DefaultVariants"
     Write-Output "  -services:s1,s2     : Name of services to release to. Can omit and rely on ReleaseTo"
     Write-Output "                        setting of variant in packageconfig.json "
@@ -46,8 +50,17 @@ if ($src.Length -eq 0) {
     Write-Verbose "-src not specified, assuming current directory"
 }
 
-if (-not $version) {
-    Write-Output "Mandatory argument: version"
+if (-not $version -and -not $latest) {
+    Write-Usage
+    Write-Output ""
+    Write-Output "ERROR: You must specify a version"
+    Exit 1
+}
+
+if ($version -and $latest) {
+    Write-Usage
+    Write-Output ""
+    Write-Output "ERROR: You cannot specify a -version and -latest at the same time"
     Exit 1
 }
 
@@ -58,6 +71,10 @@ try {
     # Import config
     $config = Read-Package-Config -srcfolder:$src
 
+    if ($latest) {
+        $version = Get-Project-Version $src
+    }
+
     if ($variants) {
         $variantConfigs = $config.Variants | Where-Object { $_.Name -in $variants }
         if ($variantConfigs.Count -ne $variants.Count) {
@@ -100,6 +117,7 @@ try {
 
         Write-Output ""
         Write-Output "Variant         : $($variantConfig.Name)"
+        Write-Output "Version         : $version"
         Write-Output "Source Folder   : $sourcedir"
         Write-Output "Service(s)      : $($servicesFound -join ", ")"
         Write-Output ""